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Timberhill
San Antonio, TX
Purchase Price: $68 Million
Purchased in 2022
Projected AAR: 14%+
340 Units
Rent Upside: $250+/unit
Meadow Creek
Dallas, TX
Purchase Price: $14.1 Million
Purchased in 2020
Projected AAR: 17%+
127 Units
Rent Upside: $250+/Unit
Recession Tested at 42%
Desert Peaks
El Paso, TX
Purchase Price: $10.9 Million
Purchased in 2020
Projected AAR: 16%+
160 Units
Rent Upside: $250+/Unit
Recession Tested at 33%
Terrace Hill
El Paso, TX
Purchase Price: $27.3 Million
Purchased in 2021
Projected AAR: 17%+
310 Units
Rent Upside: $250+/Unit
Recession Tested at 42%
Fairmount 1
Cleveland, OH
Purchased in 2020
Projected AAR: 17%+
104 Units
Rent Upside: $250+/Unit
Recession Tested at 35%
Fairmount 4
Cleveland, OH
Purchased in 2021
Projected AAR: 23%+
187 Units
Rent Upside: $500+/Unit
Recession Tested at 35%
Fairmount V
Cleveland, OH
Purchased in 2022
Projected AAR: 19%+
108 Units
Rent Upside: $317+/unit
Hillside Mobile Home Park and Apartments
2180 S State St, Ukiah, CA
60 units
Purchased in 2018
Refinanced all monies invested/Infinite return
Mount Taylor Mobile Home Park and Apartments
Bucks Rd, Santa Rosa, CA
44 Units
Purchased in 2017
Refinanced all monies invested/Infinite return
North Valley Mobile Home Park
4801 N State St, Ukiah, CA
57 Units
Purchased in 2018
15% IRR
Royal Oaks Mobile Home Park
1530 Royal Oak Drive, Petaluma, CA
94 Units
Purchased 2013
Sold in 2018
IRR 26%
Youngstown Mobile Home Park
911 North McDowell Boulevard, Petaluma, CA
104 Units
Purchased 2013
Sold in 2018
IRR 23%