Oakwood Estates

Oakwood Estates

Dundee, NY
Available
  • Property Type: Manufactured Housing
  • Property Size: / 17 Acres / 55 Sites

Overview

Capstone Manufactured Housing is pleased to present Oakwood Estates, a 55-site manufactured housing community located in Dundee, New York. This community is well-maintained and ideally situated within the Rochester MSA. The community benefits from a robust 84% occupancy, utilization of public utilities, and low turnover. The property also features below market rents and expansion potential due to vacant land on the property, providing investors with the opportunity to increase the current site count. This offering presents the opportunity to acquire a well-maintained, strongly occupied community with significant value-add upside. 

Investment Highlights

Below Market Rents with Immediate Rental Upside
Public Utilities
Ideally Situated within the Rochester MSA
No Park Owned Home Rentals, Thus Eliminating Costly Repairs and Maintenance Expense
Limited Amenities Prevents Costly Expenses and Labor Associated with On-Site Amenities
Expansion Potential with Approximately 6± Acres of Vacant Undeveloped Land 

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 Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
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