Springfield—Joplin Portfolio

Springfield—Joplin Portfolio

Nixa, MO
Under Contract
  • Property Type: Manufactured Housing
  • Property Size: / 77 Acres / 434 Sites

Overview

Capstone Manufactured Housing is pleased to present the Springfield-Joplin Portfolio. This offering features 434 sites across two communities: English Village Mobile Home Park and Country Acres Mobile Home Community. Both communities are well-located within their respective markets, offering accessibility within the Springfield and Joplin MSAs. Current ownership benefits from operational efficiencies like public utilities and majority resident owned homes, which allow for a lower expense ratio and generate a higher net operating income. These communities offer immediate scaled entry into their surrounding markets, with excellent curb appeal and public utilities, thereby presenting the opportunity to acquire two well-maintained assets.


Broker of Record
Richard S. Hurst, CCIM
SVN The Hurst Company, LLC
Broker License # 1999057581  

Investment Highlights

  • Scaled Entry into Springfield and Joplin MSAs
  • Stable Assets with Majority Resident Owned Homes
  • Public Utilities
  • Upside in Filling Vacancy at English Village

Contact Information

Ian Hilpl Senior Advisor P: 315.406.0900
O: 800.261.9464 ext. 708
ian@capstone-companies.com
Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Brian Hummell Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
hummell@capstone-companies.com
Hunter LaRocca Investment Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
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