Capstone is pleased to present the Joplin Portfolio, consisting of four communities. This offering features 268 sites in the thriving Joplin, MO MSA. These communities are ideally positioned within a 20-mile radius of each other, providing immediate scaled entry into the area, as well as offering the opportunity to share staffing across the portfolio. Current ownership has done a great job improving the parks by bringing in a large inventory of new park-owned homes, aged 2018 or newer, and by repaving the roads at three out of the four properties. The large number of park-owned homes is valuable, as a new owner can focus on infilling these, as opposed to having to purchase any new homes to rent or sell. Furthermore, the portfolio lot rent is below the market average; so, in turn, an aggressive in-fill strategy—combined with raising lot rents—could increase income significantly.