Ohio Portfolio

Ohio Portfolio

Zanesville, OH
  • Property Type: Manufactured Housing
  • Property Size: / 66.84 Acres / 442 Sites


Capstone Manufactured Housing is pleased to present the Ohio Portfolio consisting of 442 sites across 6 communities all located within a 6-mile radius. This portfolio features immediate rental upside due to below market rents and a current overall portfolio occupancy of 76%. These communities also benefit from operational efficiencies due to public utilities and shared staffing thus reducing management oversight. This portfolio includes new home inventory consisting of 2022 Champion homes that should all be delivered by the end of the year with at least 26± being delivered by August. This offering provides investors with the unique opportunity to acquire a portfolio with strong operational characteristics while also providing substantial value-add components.

Investment Highlights

Below Market Rents Allowing for Immediate Upside

New Home Inventory—26 New Homes Set to be Delivered by August of 2022

Scaled Entry into Market by Acquiring 442 Sites Across 6 Communities

Reduced Management Oversight Due to Proximity of Communities

Public Water/Sewer & All Communities to be Sub-Metered Prior to Closing

Well-Maintained Communities

Contact Information

Brian Hummell Senior Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
Ian Hilpl Director P: 315.406.0900
O: 800.261.9464 ext. 708
Hunter LaRocca Investment Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712