Live Oak Mobile Home Park

Live Oak Mobile Home Park

Summerdale, AL
Under Contract
  • Property Type: Manufactured Housing
  • Property Size: / 16 Acres / 62 Sites

Overview

Capstone Manufactured Housing is pleased to present Live Oak MHP. This community features 62 sites with an occupancy of 95%—soon to be 100%, with tenants slated to occupy the remaining three sites next month. This community is positioned advantageously in the path of progress and reaps the benefits of the expanding market in Baldwin County, which was recently named the fastest-growing county in Alabama. The economic momentum of several major development projects are significant and long-term. OWA, a premier destination resort, was recently opened in the heart of Foley. This family-friendly retail, dining, and entertainment development will continue to anchor new investments in the area and facilitate sustained job growth in the region. Other recently completed developments include the Foley Sports Tourism Complex (which brings in thousands of athletes and families each year for national tournaments), as well as the recently completed Tanger Outlet Mall. These major developments create positive economic impacts in the area, and provide a substantial value-add to the Live Oak community.This is a unique opportunity to acquire a well-maintained, turn-key portfolio in a rapidly growing MSA.

Contact Information

Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Ian Hilpl Senior Advisor P: 315.406.0900
O: 800.261.9464 ext. 708
ian@capstone-companies.com
Brian Hummell Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
hummell@capstone-companies.com
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