Libby Aurora MHP

Libby Aurora MHP

Bedford heights, OH
Available
  • Property Type: Manufactured Housing
  • Property Size: / 7.26 Acres / 61 Sites

Overview

Capstone Manufactured Housing is pleased to present Libby Aurora MHP. This offering features 61 sites in Cleveland, OH. The community currently operates at 67% occupancy, and combined with the low lot rents, it creates a significant value-add opportunity for a new owner. By focusing on leasing up the 20 vacant sites or raising rents in line with the market, investors can substantially increase revenue. This offering presents an opportunity to invest in a community in the Cleveland MSA, with rental upside and value-add opportunities.

Investment Highlights

Upside in Filling Vacancy

Below Market Lot Rents

Ideal Location in Cleveland MSA

Opportunity to Pass Through 100% of Utilities to Residents

Proximity to Retail Centers and Amazon Warehouse

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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