Update on the MHP I got! · Commercial Real Estate 101

Update on the MHP I got!

Quick update on the Crow Rd MHP deal I posted yesterday 👇

I’ve got a serious buyer lined up on this one, but he’s looking to bring in a capital partner to help get it across the finish line—and ideally someone with mobile home park experience as well.

Deal Overview:

15-unit mobile home park (currently ~12 occupied, previously stabilized)
Mix of lot rent + park-owned homes
~8 acres existing park
Additional ~17 acres for future expansion/development

Structure / Opportunity:

Looking for a capital partner to come in on acquisition
Preferably someone with MHP experience (operations or ownership)
Willing to offer: 5–10% equity on the park (in-place cash flow) 60–70% equity on the land (development upside play)

Plan is to stabilize the park first, then work into developing the additional acreage over time. The larger upside is in the land, which is reflected in the equity split.

This is not a passive role—we’re looking for someone who understands the asset class and can bring value beyond just capital.

If this fits your lane or someone you know, let’s connect and I’ll walk you through the deal.

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