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9

Mar

New Offering: Stabilized MH & RV Park in Savannah, GA MSA

Click Here to Download the Offering Materials

Capstone Manufactured Housing is pleased to present Whispering Pines Campground & RV Park, which is located in Rincon, GA—less than 25 minutes from downtown Savannah. This hybrid asset consists of 50 mobile home sites and 89 RV spaces, both of which have rental rates well below submarket averages. The park features a serene lakefront environment with catch-and-release fishing, boat rentals, and a location easily accessible throughout the MSA.

The property is well-stabilized with the mobile home component at 94% occupancy and the RV component chiefly comprised of tenants on monthly leases. Overall, this unique asset presents the opportunity for new ownership to acquire a well-located, stabilized asset with multiple ancillary revenue streams and significant upside potential.

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