Lincoln Park Mobile Home Village

Lincoln Park Mobile Home Village

Lincoln park, MI
Available
  • Property Type: Manufactured Housing
  • Property Size: / 8.73 Acres / 204 Sites

Overview

Capstone Manufactured Housing is pleased to present Lincoln Park Mobile Home Village, a 204-site manufactured housing community located in Lincoln Park, Michigan. This community is advantageously located near I-75, providing excellent accessibility to the nearby Detroit Metro area. It also benefits from a management standpoint and requires minimal oversight due to the utilization of public water and sewer utilities, as well as showcasing a majority of resident-owned homes. Lincoln Park Mobile Home Village presents buyers with a value-add opportunity to acquire a favorably positioned community with substantial rental upside through the additional lease up of vacant sites that have utility infrastructure in place.

Investment Highlights

Implementation of Rent Increases

Opportunity to Develop Additional Sites

Public Utilities

Contains Less Than 2% of Park-Owned Homes, Minimizing Costly Repairs and Maintenance Expenses

Well-Positioned Along Interstate 75 With Close Proximity to Detroit

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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