Central Ohio & Southeast Portfolio

Central Ohio & Southeast Portfolio

Various, VARIOUS
  • Property Type: Manufactured Housing
  • Property Size: / 1,500 Sites


Capstone Manufactured Housing is pleased to the Central Ohio and Southeast Portfolio. This portfolio boasts 1,494 sites within 13 communities, across 5 states. The communities are well-positioned in Ohio, Tennessee, Alabama, Mississippi, and South Carolina. The portfolio features substantial upside with below market rents, as well as the ability to increase overall occupancy by leasing up vacant park-owned homes and filling vacant sites. This portfolio also offers the ability to reduce current expenses by implementing a lease option purchase initiative with current park-owned homes. Furthermore, this investment opportunity offers rare national scale into strong markets throughout Ohio, Tennessee, Alabama, Mississippi, and South Carolina.

Investment Highlights

Scaled Entry Into OH, TN, AL, MS, and SC
Below Market Rents Allowing for Immediate Rental Upside
Substantial Upside Through Leasing Up Vacant Homes and Filling Vacant Sites
Opportunity to Convert Current Park-Owned Home Rentals to a Lease-To-Purchase Structure
Well Maintained Portfolio with Curb Appeal
Four Communities Located in Qualified Opportunity Zones

Contact Information

Brian Hummell Director P: 614.318.5482
O: 800.261.9464 ext. 7011
Kevan Enger Managing Partner P: 407.494.8541
O: 800.261.9464 ext. 7004
Ian Hilpl Partner P: 315.406.0900
O: 800.261.9464 ext. 7008
Hunter LaRocca Senior Advisor P: 407.227.9643
O: 800.261.9464 ext. 7012