Capstone Manufactured Housing is pleased to present
Stonegate MHC, a 185-site manufactured housing community located in Midland,
Texas. Stonegate MHC, the only community located in the heart of the city, is
13 miles away from the Spaceport Business Park, and due to the favorable
location, Stonegate MHC offers its residents a quick and easy drive throughout
the city. To further separate the community from the rest of the parks,
Stonegate MHC offers the nicest neighborhood to residents. All the homes— including
the 16 park-owned homes—are in wonderful condition and are laid so there are no
visible gaps between homes, providing the sense of a true neighborhood.
The community is an attractive investment due to a host of
operational efficiencies. Public utilities service the park, and the residents
pay for their usage through direct-billing or submetering. Since there are so
few park-owned homes, all of which are 2014 or newer, the costly repairs and
maintenance normally associated with inventory homes is kept at a minimum.
Additionally, the community is 89% occupied, meaning a new owner has only 19
vacant sites to occupy.
This offering presents an enticing opportunity to invest in
a stabilized community in Midland, Texas, with beautiful curb appeal and
Superior Curb Appeal
Fantastic Location Amid Midland Economic Development
Midland Multi-Family Market