Capstone Manufactured Housing is pleased to present Colonial
Village, a 118-site manufactured housing community located in Fredericktown,
Ohio. The community sits approximately 8 miles north of Mount Vernon and 53
miles northeast of Columbus. Colonial Village features operational efficiencies
due to public/direct-billed utilities (except trash) and consists of primarily
resident owned homes. This eliminates costly repairs and maintenance expenses,
and reduces overall management oversight. Additionally, current rents are well
below market competition, leaving significant opportunity to increase rents.
This offering presents investors the opportunity to acquire a well-maintained
community with direct-billed public utilities, as well as substantial value-add
in the form of future rent and occupancy upside.