Linden Place MHP

Linden Place MHP

Flint, MI
Available
  • Property Type: Manufactured Housing
  • Property Size: / 20 Acres / 163 Sites

Overview

Capstone Manufactured Housing is pleased to present Linden Place MHP. This offering features 163 sites across 20± acres in Genesee County, Michigan and is an excellent value-add opportunity for investors. The community operates at 64% occupancy, with 55 vacant sites and 3 vacant park-owned homes left to fill. At the current lot rents, leasing up the vacancies would add over $200,000 to the bottom line. Additionally, the lot rents at Linden Place MHP are well-below market. Increasing the lot rents, combined with increasing occupancy, would lead to a dramatic increase in revenue. This offering presents an investment opportunity to acquire a property in a qualified opportunity zone with tremendous rental upside.

Investment Highlights

Significant Value-Add Opportunity

Scaled Entry into an Opportunity Zone

Frontage Along I-69

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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