Confidential St. Pete-Clearwater MH Community

Confidential St. Pete-Clearwater MH Community

St. petersburg, FL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 5.14 Acres / 56 Sites

Overview

Capstone Manufactured Housing is pleased to present a Confidential St. Pete-Clearwater MH Community. This 56-site community showcases 100% occupancy with below market rents, all resident-owned homes and 1 apartment, and minimal operational oversight.

This community features public utilities and recently implemented a water and sewer recapture program. This offering presents a unique opportunity to acquire a turn-key asset with immediate upside in one of Florida’s most densely populated MSA’s.

Investment Highlights

Favorably Located Asset in the Tampa-St. Pete-Clearwater MSA
Less Than 5 Miles Away from Florida’s Central Gulf Coast
All Resident-Owned Homes Reducing Costly Repairs and Maintenance Expenses
Strong In Place Resident Base with 100% Occupancy
Below Market Rents
Turn-Key Asset with Low Operational Oversight 
Value-Add Upside with Addition of Apartment & Opportunity to Bill-Back Trash

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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