The Holiday Portfolio

The Holiday Portfolio

Stevens point, WI
Available
  • Property Type: Manufactured Housing
  • Property Size: / 35 Acres / 172 Sites

Overview

Capstone Manufactured Housing is pleased to present The Holiday Portfolio. This portfolio features 172 sites across two communities: Holiday Park I and Holiday Park II. The two communities are adjacent from each other, the proximity allows for shared staffing; thereby, reducing costly payroll/management expenses. Both communities feature low operational oversight due to the utilization of city utilities, shared management capabilities, and all homes being resident owned. The portfolio retains an overall occupancy of 98% and features below market rents. This offering presents the opportunity to acquire a strategically positioned portfolio with immediate rental upside, and strong operational characteristics.

Investment Highlights

  • Scaled Entry Into Market By Acquiring 172 Sites Across 2 Communities
  • City Water/Sewer Sub-Metered
  • 98% Portfolio Occupancy
  • 100% Tenant Owned Homes
  • Reduced Management Oversight Due to Proximity of Communities
  • Immediate Rental Upside
  • Well Maintained Portfolio with Curb Appeal

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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