Manufactured housing communities have always presented an attractive alternative to the more conventional, permanent multi-housing assets for various reasons. By their physical nature, manufactured housing assets necessitate far fewer maintenance needs or management oversight; thereby requiring less staffing and personnel than their permanent housing counterparts.
At Capstone Manufactured Housing, we understand the unique aspects and requirements of manufactured housing real estate. Our experienced professionals have overseen the closing or consultation of over 150 parks and 25,000+ pads, equaling $500+ million in mobile home and RV communities.
Capstone Land Sales is proud to present the Skyway Marina District Land Site: a fully-entitled multi-family development opportunity within a mixed-use project. Additionally, this offering allows a developer to take advantage of $1 million in incentives from the city of St. Petersburg for initiating the first mixed-use development site in the Skyway Marina District.
The Nebraska portfolio consists of two properties: Broken Bow Estates and Sunrise Village. The parks are well-positioned within their respective markets, and demonstrate attractive investment opportunities through proximity to the major economic demand drivers and travel arteries in the region.
Capstone Apartment Partners is pleased to present Southern Pines: a well performing 352-unit, 1973-built garden apartment community conveniently located in Spartanburg, SC. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed/$7.8B invested to date) and burgeoning high-tech economy.
CARY, NC—Venterra Realty has purchased Chatham Pointe: an asset offering 255 units and 9,340 square feet of retail space. This mixed-use multi-family community was built in 2011 and 2015. The apartments are exceptionally located near retail, recreational outlets, and major employment nodes, including the Research Triangle Park. Phillips Development & Realty sold the property for $35,900,000, or $140,784 per unit.