Scottsboro, AL Portfolio

Scottsboro, AL Portfolio

Scottsboro, AL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 17± Acres / 102 Sites
  • Price: $4,500,000

Overview

Capstone Manufactured Housing is pleased to present the Scottsboro Portfolio, consisting of two communities, C&F and G&G. The portfolio is strategically located in the Northeast corner of Alabama, providing easy accessibility to Tennessee and Georgia. Furthermore, Scottsboro is only 45 minutes east of Huntsville, which was recently ranked as the #1 Place to Live in the United States by the U.S. News and World Report. The Scottsboro Portfolio features a total of 102 Rental sites across the two communities. They both boast occupancies at, or above, 90% and a low number of park-owned homes. Since the communities are so close to each other, they benefit from shared management capabilities, and both are serviced by city water and city sewer.

Investment Highlights

    • Two of the Largest Communities in Scottsboro
    • Public Utilities with Water & Sewer to Be Sub-Metered for New Ownership
    • Shared Staffing Capabilities Due to Close Proximity
    • Accessible to Large Metro Areas, Such as Huntsville, Chattanooga, And Atlanta
    • Stabilized Turn-Key Asset
    • Majority Resident-Owned Lot Rent Only Homes

    Contact Information

    Brian Hummell Senior Investment Sales Advisor P: 614.318.5482
    O: 800.261.9464 ext. 711
    hummell@capstone-companies.com
    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
    Hunter LaRocca Investment Sales Advisor P: 407.227.9643
    O: 800.261.9464 ext. 712
    hunter@capstone-companies.com
    capstoneapts-logo