Homestead

Theodore

Homestead

Theodore

Description

10550 Pioneer Road, Theodore, AL

Joint Venture investment into a newly developed luxury RV community. Phase II expansion beginning in mid-2024 entails adding another 70 pads (126 total) along a resort-style pool, pool house, and an enclosed boat/RV storage facility. Currently boasts a 12-month confirmed forward occupancy of ~75%+.

Acquisition Date: December, 2023
Units: 56 units
Status: Active

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