WE OFFER A HIGH CASH FLOW INVESTMENT WITH INCREASING DEMAND AND STRONG BARRIERS TO ENTRY
The industry provides characteristics that can make it more attractive than other real estate segments including multifamily apartment buildings, commercial office buildings, retail properties, industrial, and self storage. Mobile home parks can provide cash-on-cash returns of 20% or more and are less management intensive than these other segments.
Why Mobile Home Parks
Mobile Home Parks are a proven asset class and have remained remarkable resilient when faced with recessions, pandemics, and other global threats. This is in stark contrast to other asset classes like hotels, office, and retail, which are highly cyclical. According to Green Street Advisors, even Apartments are substantially more cyclical than mobile home parks. During the recent Coronavirus pandemic, our revenues were hardly impacted.
Due to the extreme cost to move a mobile home once installed (up to $15,000), they are rarely moved. When moving, the owner will sell the home to a new tenant who continues paying lot rent.
Mobile home parks are less capital intensive than other asset classes, thus they can be run more efficiently leaving greater profits to the investors.
Our Value-Creation Levers
There are three primary value creation levers that we predictable apply to all of our communities. Sometimes only one lever is pulled, yet in other cases, we can pull a combination of levers to drive shareholder value.
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants
Raise Rents to Market Rate
Lever
A large number of properties do not submeter water and sewer charges opting to provide these services as part of the rent. Problem is that tenants see this as an unlimited free resource, so they overconsume. By submetering properties, we allow everyone to pay their fair share based on consumption leading to increased profits.
Submeter Utilities
Lever
Properties that are not well-managed often have vacant lots, and undercapitalized owners do not place new homes on these lots. mPark Partners operates licensed home dealerships for various manufacturers in all states in which we operate. We infill new hoes on vacant lots and sell them to tenants to increase occupancy.
Infill New Homes
Lever
Case Study 1
Lakeview
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants.
Case Study 2
Woodburn
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants.
Case Study 3
Regency
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants.
Case Study 1
Lakeview
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants.
Case Study 1
Lakeview
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants.
Case Study 2
Woodburn
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants.
Case Study 3
Regency
Mom & pop operators typically do not raise rents annually to keep up with inflation resulting in rents that are far below market levels. Raising rents to market allows us to capture this value and to improve the quality of the property and service to tenants.
How It Works
Step 1
We Find Quality Multifamily Deals
Step 2
Your Partner
With Us
Step 3
We Implement Value-Add Strategies
Step 4
We Collect Rents
Step 5
You Collect Mailbox Money
PARTNER WITH US
Whether you are interested in selling your community, are looking for investors to help buy your own community, or would like to learn more about our investment funds, we would like to hear from you.