Co-own Mobile Home Parks with Park Avenue Partners
Introducing the no fee, simple mobile home investment partner. Earn passive income from shares in mobile home park communities. Since the beginning of the year, Park Avenue has raised $10mm from more than 70 Accredited Investors, and we have room remaining for more investors in our MHP fund before we close this December. If you’ve been having difficulties finding good mobile home park deals for yourself, please consider investing with us. We do the heavy lifting of finding off-market properties, and own and operate them ourselves. Our Private Placement Memorandum can be downloaded here:
We have just purchased a terrific off-market four-park portfolio of MHP communities in Sioux City, IA. Please view our video announcement here:
And we now have a fifth off-market mobile home park under contract. This one is located in a major Texas metro at an 8% cap. rate, with all-resident-owned homes and all-city utilities.
Our MHP funds present a compelling way for Accredited Investors to earn reliable passive income from this unique and low-risk real estate niche. This asset class is non-correlated with the S&P 500, DJIA, and stock markets. Our management team has been in the manufactured housing industry more than a decade and knows how to scale an operation and provide transparent investor reporting.
We refer to our financial relationship with limited partners as ‘co-ownership’ because our principal, Jefferson Lilly, takes neither salary nor fees of any kind. We split the profits; our interests are purely aligned. We are truly partners with you co-owning this unique and profitable asset class.
For more information: