Lakeside Estates

Lakeside Estates

Warrensburg, MO
Available
  • Property Type: Manufactured Housing
  • Property Size: / 27 Acres / 136 Sites

Overview

Capstone Manufactured Housing is pleased to present Lakeside Estates. Located in Warrensburg, Missouri, this manufactured housing community features 136 sites across 27+ acres. This community is well-maintained and situated within the Warrensburg MSA. The community currently operates at an economic occupancy of 51% and features below market rents, providing investors with the opportunity to lease-up the vacant lots and increase rents. Additionally, new ownership can substantially reduce operating expenses by converting current Park-Owned Home Rentals to a Lease-Option Purchase. This offering presents buyers with the opportunity to acquire a value-add manufactured housing community with immediate rent and occupancy upside.

Investment Highlights

Value-Add Investment

Opportunity to Increase Rents

Upside In Filling Vacant Sites

Lease-Option Purchase Initiative

Situated Within the Warrensburg MSA

Well-Maintained Community with Curb Appeal

Recent Capital Improvements to The Community

Contact Information

Brian Hummell Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
hummell@capstone-companies.com
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
Hunter LaRocca Investment Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
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