Lancaster Estates

Lancaster Estates

Lancaster, OH
Under Contract
  • Property Type: Manufactured Housing
  • Property Size: / 30.79 Acres / 221 Sites

Overview

Capstone Manufactured Housing is pleased to present Lancaster Estates. This offering features 138 sites and 83 storage units across 30± acres in Lancaster, Ohio. It is strategically located off Main Street, the primary road that runs through Lancaster, providing excellent accessibility throughout the region. The community showcases occupancy of 100%, nearly all tenant owned homes, direct-billed public utilities, and the additional income generated from the self-storage facilities. Additionally, there is approximately 11 acres of vacant, undeveloped land that is zoned for MH. A new owner could add significantly more value by building and leasing up more MH sites. This offering presents investors the opportunity to acquire a stabilized turn-key asset, with public utilities and expansion potential. 

Investment Highlights

Direct-Billed Public Utilities

Turn-Key Asset with Operational Efficiencies

Self-Storage Facility

Expansion Potential 

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