Mobile-Foley Portfolio

Mobile-Foley Portfolio

Mobile & Foley, AL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 25 Acres / 141 Sites

Overview

Capstone Manufactured Housing is pleased to present the Mobile-Foley Portfolio, comprised of 141 lots and three mobile home communities—Camellia Trace, Pecan Pointe, and Greenwood Estates. Camellia Trace and Pecan Pointe are strategically located in the Mobile MSA and are a short 20-minute drive from each other. Greenwood Estates is on the east side of Alabama in the Foley MSA. All three communities feature below market lot rents, providing new ownership the potential to implement rent increases. This portfolio presents the opportunity to acquire three communities in expanding markets with plenty of value-add potential.

Investment Highlights

Upside in Filling Vacancy—Camellia Trace & Pecan Pointe

Expansion Potential—Camellia Trace & Pecan Pointe

Reduced Management Oversight—Camellia Trace & Pecan Pointe

Below Market Rents

Recent Capital Improvements

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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