Woodlands on Clay

Woodlands on Clay

Tampa, FL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 4.96 Acres / 30 Sites

Overview

Capstone Manufactured Housing is pleased to present Woodlands on Clay, a 30-site MH community located 20 minutes east of Downtown Tampa. Tampa is the 3rd fastest growing metro in the state of Florida, and it experienced unprecedented population growth during the pandemic. A new owner has a myriad of avenues to increase the community’s cash flow. The rental market in Tampa is strong as lot rents are as high as $635, and park owned home rents are over $1,300. An investor can benefit from the robust market by increasing lot or park owned home rents to meet the market. There is also the opportunity to bill the residents for their usage in sewer or trash.  Furthermore, the community is strategically located near the intersection of I-75 and I-4. This provides easy accessibility throughout Florida, whether residents want to travel south to Miami or east towards Orlando and Daytona Beach. Woodlands on Clay presents an opportunity to acquire a community in an expanding market with rental upside.

Investment Highlights

  • Excellent location and easy accessibility to major highways
  • Below market rents
  • Upside in filling vacancy with existing vacant park owned homes
  • Ability to pass through sewer and trash to residents

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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