I'm helping a friend sell his park in Kingsland, TX. This is two parcels, but he's selling as one "park." This is a fully stabilized asset. $6,000,000 with a $3,000,000 seller finance option (6% with 5 year prepayment penalty) 18 Covered RV Sites @ $650 / month 46 Mobile Home Pads (fully occupied) - 23 POH, 23 TOH (all 2000's) $556,000 income $120,000 expenses (estimated) Monthly Expenses 900 electric (but most is billed back to tenants) 3,000 water (city) 800 sewer (city) 1,200 landscaping for two parks 1,000 property taxes tbd trash 450 internet, cable, phone 2,900 insurance 2,400 maintenance Please reach out if interested and I'm happy to provide more details.

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Does anyone own RV parks in this group? I’m getting pulled into a deal and need some connections.

There are few operators as hands-on as @Kyle Grimm There are also even fewer operators as ethical and genuine as Kyle. Highly recommend following his newsletter! Congrats to Kyle and his family on adding a 5th member to the crew very shortly!

Big headline: Brookfield is reportedly in advanced talks to buy Yes! Communities from GIC for over $10 billion. If finalized, this would make Brookfield one of the largest—if not the largest—owners of mobile home parks in the U.S. Here’s why this matters for us: I used to work for Brookfield. Back then, I was in portfolio management for our Mobile Home Park Portfolio, so I had a front-row seat to how they think about scale, capital allocation, and risk. To now see them moving to take down Yes! is surreal—it’s a full-circle moment for me. For small and mid-size operators, the lesson is clear: Institutions aren’t slowing down. They’re chasing massive portfolios and are willing to pay premiums for scale. Our edge is agility. While Brookfield’s strategy is financial engineering on a global scale, we can still pick off the fragmented deals, add operational value, and generate returns that compete pound-for-pound. Market signal: When a firm like Brookfield puts $10B into MHPs, it’s confirmation this asset class is here to stay. The largest capital allocators in the world see the same thing we do: manufactured housing is the backbone of affordable housing. Takeaway: This isn’t a sign that “all the good deals are gone.” It’s a sign the big boys are playing in a different arena. Their game is scale. Ours is speed, creativity, and boots-on-the-ground execution.