Adrian Michigan Portfolio

Adrian Michigan Portfolio

Adrian, MI
Under Contract
  • Property Type: Manufactured Housing
  • Property Size: / 12 Acres / 116 Sites

Overview

Capstone Manufactured Housing is pleased to present the Adrian Michigan MH Portfolio. This portfolio features 116 sites across 3 communities—Adrian Estates MHP, Southgate MHP, and Sunset MHP. Adrian Estates MHP is located within a qualified opportunity zone, which provides federal tax incentives for investors to reinvest their capital gains. The 3 communities are all located within 15 minutes of each other. The proximity of these communities allows for reduced management oversight, while in turn, gaining immediate scaled entry into the surrounding market. This offering presents an investment opportunity to acquire a strategically positioned portfolio with below market rents, along with operational efficiencies.

Investment Highlights

Scaled Entry into Market by Acquiring 116 Sites Across 3 Communities
Below Market Rents Allowing for Immediate Rental Upside
Reduced Management Oversight Due to Proximity of Communities
Majority Resident-Owned Homes, Reduces Costly Repairs and Maintenance Expense
Limited Amenities—Prevents Costly Expenses and Labor Associated with On-Site Amenities
Adrian Estates—Located Within Qualified Opportunity Zone

Contact Information

Brian Hummell 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 Senior Advisor P: 315.406.0900
O: 800.261.9464 ext. 708
ian@capstone-companies.com
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