Hill Crest Crossings contains 200 sites, which was built in the 1970's, on 77.5+ acres with a density of 2.58 units per acre. The community is serviced by municipal water and a waste water treatment plant. Currently the water is master metered and included in the residents rent, offering an investor a immediate pass through opportunity. The streets are constructed of asphalt in which 1,000 lineal feet was milled and resurfaced in 2014. The remaining roads are in average to below average overall condition. Sites in the community average approximately 50x100 and can accommodate both single and double wide homes, with underground utilities, and off street parking for 2-3 cars. Hill Crest Crossing is a 2.5 star community with rents averaging $265 a month.
- Significant upside opportunity
- Asphalt streets streets with 2-3 dedicated parking sites per site
- Below market rents
- Municipal water pass through opportunity
MHRE Inc. specializes in the sale of family and age-restricted manufactured home and rv communities across the country. Please contact us if you have any questions about this press release or are looking to buy or sell manufactured home communities.
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