Cherrydon MHP

Cherrydon MHP

Titusville, FL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 5.77 Acres / 55 Sites

Overview

Capstone Manufactured Housing is pleased to present Cherrydon Mobile Home Park: a restricted 55+ community located in Titusville, Florida. The community is comprised of 55 sites and is advantageously positioned near U.S. Route 1 and Interstate 95, providing easy access to both Orlando and the Central Atlantic coast. Cherrydon MHP features multiple operational efficiencies due to public utilities and all homes being resident owned. The community benefits from an outstanding 100% occupancy and features below market rents. This offering presents the unique opportunity to acquire a turn-key 55+ community, with rental upside and strong operational characteristics.

Investment Highlights

  • 55+ Age Restricted Community
  • 100% Occupied with Below Market Rents
  • Public Utilities
  • All Resident-Owned Homes with No Park-Owned Home Rentals
  • Well-Maintained Community with Exceptional Curb Appeal
  • Situated near U.S. Route 1 & Interstate 95
  • Recent Capital Improvements

Contact Information

Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Ian Hilpl Senior Advisor P: 315.406.0900
O: 800.261.9464 ext. 708
ian@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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