Lithia Springs Estates

Lithia Springs Estates

Lithia Springs, GA
Available
  • Property Type: Manufactured Housing
  • Property Size: / 214 Sites

Overview

Capstone Manufactured Housing is pleased to Present Lithia Springs Estates. This offering includes 214-sites across 45± acres in Lithia Springs, GA, which is only 20 minutes west of Atlanta. This allows residents to benefit from the quiet living of Lithia Springs, and to also take advantage of the short drive into the capital of Georgia.

As one of the largest communities in the direct vicinity, the homes are spread out in such a way that residents benefit from having a sizable living area. Lithia Springs Estates features two significant value-add opportunities for a new owner—below-market lot rents and below-average occupancy. Filling 10-sites per year, combined with bringing rents up to the market average, would add significant value to the bottom line. This offering presents an opportunity to invest in a community with scaled entry into the Atlanta MSA, as well as excellent curb appeal and substantial rental upside.

Investment Highlights

  • Lot Rent Growth Potential
  • Upside in Filling Vacancy
  • Scaled Entry into Thriving Atlanta MSA
  • Water & Trash is Billed Back to Residents
  • Well-Maintained Community with Excellent Curb Appeal

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
Hunter LaRocca Investment Analyst P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
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