Orlando-Tampa Portfolio

Orlando-Tampa Portfolio

Orlando/tampa, FL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 46.86 Acres / 358 Sites

Overview

Capstone Manufactured Housing is pleased to present the Orlando-Tampa Portfolio. This offering features 358 sites across 4 parks, with a portfolio occupancy of 96%. The portfolio benefits largely from its low park-owned home inventory and below market rents. Every community showcases low lot rents, despite a new rent increase coming in May 2022. These new rates are 33% below the market average, giving a new owner room to increase rents in the future. Furthermore, apartment rents and housing prices in the Orlando-Tampa area are on the rise. This hot real estate market is increasing the demand for more affordable options, such as manufactured housing. Lastly, the portfolio is an easier investment to manage due to its strong occupancy and majority lot rent only residents. This offering presents the opportunity to acquire a stabilized and turn-key asset in high-growth Florida markets.

Investment Highlights

Opportunity to Increase Lot Rent

Massive Demand for Affordable Housing

Resiliency of the Orlando and Tampa Multi-Family Market

Stabilized-Turnkey Assets with Operational Efficiencies

Contact Information

Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Ian Hilpl Director P: 315.406.0900
O: 800.261.9464 ext. 708
ian@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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