RICHMOND, VA—Last summer, an affiliate of Capital Square Realty Advisors, LLC acquired a portfolio of three manufactured housing parks totaling 1,141 rentable lots in Indiana and Ohio. And company officials now say that its Delaware Statutory Trust offering has been fully subscribed by investors. Capital Square specializes in structuring programs for 1031 investors.

“Manufactured housing is a unique asset class with significant barriers to entry,” says Louis Rogers, founder and chief executive officer of Capital Square. “With low operating costs, strong demand from tenants and minimal roll-over, manufactured housing is an attractive asset class that has the potential to provide superior risk adjusted returns for investors, with both stable cash flow and capital appreciation.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.