News

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24

Nov

Capstone Offering: East Coast Florida Mobile Home Park

Capstone Manufactured Housing is pleased to present a 134-lot mobile home community located in Merritt Island, FL. The property consists of 134 mobile home lots with 97 of those occupied, and 72 park-owned mobile homes with 32 of those occupied. The property is comprised of three non-contiguous parcels containing a total of 31.15 acres of land. The main mobile home park is located on 27.27 acres. The two additional parcels contain 1.84 and 2.07 acres, respectively, and are located to the southwest and used for the WWTP for the subject and neighboring properties.

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24

Nov

Capstone Brokers $5.2M Site in Mixed-Use Community

CHARLOTTE, NC — Capstone has arranged the sale of a multi-family development site located in the Charlotte, NC MSA. Antiquity, LLC sold the site for $5.2 million, or $16,250 per lot, to SAG/LIV Development.

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blogpost

19

Nov

Capstone Offering: Manufactured Housing Community in Tampa, FL

Capstone Manufactured Housing is pleased to present Marty’s Circle Mobile Home and RV Park, which is located in the Tampa, FL MSA. The property is approximately 4.7 acres and consists of 31 lots, with a mix of 13 mobile homes and 18 lot rentals. Additionally, there are two large, income producing commercial lots with frontage on Nebraska Avenue. Currently, there are 11 vacant lots, which presents an opportunity for new ownership to immediately increase revenue.

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Featured Properties

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    East Main Quarters

    Capstone Apartment Partners is pleased to present East Main Quarters, a 252-bed, 63-unit, campus-adjacent, ultra-suite style student housing asset located in Murfreesboro, Tennessee, servicing Tennessee’s second largest university: Middle Tennessee State University.

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    North End Charlotte Development Site

    Capstone Land Sales is pleased to present the North End Charlotte Development Site: a ±11.54-acre, surface parked, fully-entitled, and ideally-zoned UR-2 (CD) land site less than 1 mile from Uptown Charlotte’s Central Business District. This development site provides a unique opportunity for future two to four-story development of 295 multi-family units, 14 townhome units, and 4 single-family residential dwelling units.

     

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    55+ MH Portfolio

    Capstone Manufactured Housing is pleased to present two mobile home parks in Daytona Beach, FL. This portfolio presents the opportunity for investors to enter one of Florida’s most attractive rental markets with assets possessing significant upside potential.

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