Longview Texas Portfolio

Longview Texas Portfolio

Longview, TX
Under Contract
  • Property Type: Manufactured Housing
  • Property Size: / 20 Acres / 203 Sites

Overview

Capstone Manufactured Housing is pleased to present the Longview, Texas Portfolio. This 203-site portfolio is comprised of three communities and provides scaled entry into the Longview, TX MSA—a growing market with a population just under 300,000 that provides direct access to metro areas including Dallas, Texas and Shreveport, Louisiana. This community benefits from a low operating overhead due to the utilization of public utilities, shared staffing between all communities, and consists of all lot rentals; thus, reducing any further parked-owned home expenses. This portfolio benefits from an 89% occupancy and recently increased lot rents to $310. Even with this increase, they are around $100 below market. This offering provides investors with an opportunity to acquire three well-located and stabilized assets that also require very minimal oversight.  

Investment Highlights

Below Market Rents

Low Operational Oversight

Public Utilities

Favorable Accessibility to Highways

Contact Information

Ian Hilpl Director 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 Senior 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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