This entry treats mobile home parks at capital scale: deploying significant capital to acquire and aggregate manufactured-housing communities, often through funds or large operating platforms, and executing value-add strategies across portfolios to earn returns from the lot-rent income and the...
Log in to followI manage apartments and I'm getting asked to quote on two manufactured housing communities, 180 and 240 pads, both mostly lot-rent-only. I don't know how to price this. On apartme…
Fund II strategy is infill on the vacant pads we already own. 3,200 pads across the portfolio, 470 vacant, mostly clustered in six parks in the Southeast where the market lot rent…
I've got about $50k I'd want to place passively and mobile home parks keep coming up as the sector with the best cash flow characteristics. Everything I find is either a syndicati…
Working through a purchase agreement on a nine-park aggregation, about 1,100 pads, seller is a family operator consolidating out. The utility reps are where I'm stuck. The seller…
I've been reading fund summaries for manufactured housing and they all describe the portfolio in pads and then say something like "92% lot-rent-only, minimal park-owned homes." I…