BaseCamp Sells Oakley Pointe

In December of 2004 BaseCamp Capital and Highline Realty sourced and purchased an underutilized suburban Charleston, South Carolina manufactured housing community with the goal of rezoning the property for stick-built housing. Within six months the team was able to secure all assurances from the local authorities required to resell the property to local developer Eastwood Homes.

The project represented an 80% cash on cash return within six months, resulting in an internal rate of return of 116% for our investors.