Capstone Manufactured Housing is pleased to present Oakwood Estates, a 55-site manufactured housing community located in Dundee, New York. This community is well-maintained and ideally situated within the Rochester MSA. The community benefits from a robust 84% occupancy, utilization of public utilities, and low turnover. The property also features below market rents and expansion potential due to vacant land on the property, providing investors with the opportunity to increase the current site count. This offering presents the opportunity to acquire a well-maintained, strongly occupied community with significant value-add upside.
Below Market Rents with Immediate Rental Upside
Ideally Situated within the Rochester MSA
No Park Owned Home Rentals, Thus Eliminating Costly Repairs and Maintenance Expense
Limited Amenities Prevents Costly Expenses and Labor Associated with On-Site Amenities
Expansion Potential with Approximately 6± Acres of Vacant Undeveloped Land