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.