Capstone Manufactured Housing is pleased to present the Northeast Ohio Portfolio. This portfolio features 133 sites across two communities. The two communities are located less than 3 miles apart in Northeast Ohio. The proximity of these communities allows ownership to benefit from shared staffing, helping to reduce costly management oversight and expenses. Additionally, each community operates on city water and sewer and is primarily made up of resident-owned homes. This offering presents the opportunity to acquire two communities with significant value-add in the form of future rents and occupancy upside.
Lot Rent Growth Potential
Upside in Filling Vacancy
City Water/Sewer
Shared Staffing Due to Proximity of the Parks
Majority Resident Owned Homes–Reducing Costly Repairs and
Maintenance Expense
Limited Amenities–Preventing Costly Expenses and Labor
Associated with On-Site Amenities
Recent Capital Improvements
Scaled Entry Into Market by Acquiring Across 2 Communities