November 6th, 2024 | Scottsdale, AZ
52TEN acquires 121 mobile home lots in Georgetown, Texas
This investment is the firm’s third mobile home park in the Lone Star State
52TEN, a firm specializing in mobile home park investments, is pleased to announce its acquisition of Country Glen Estates, a 121 space mobile home park in the Georgetown, Texas market. Country Glen Estates marks the thirteenth park for 52TEN.
“Country Glen Estates is a 3-star quality park with high occupancy and room for physical and operational improvements.” – 52TEN Co-Founder, Nate Pattee
52TEN acquires parks in desirable locations and turns them into higher-quality properties, presenting an opportunity for both park residents and eligible investors. To enhance the park and realize its long-term investment objectives, 52TEN will rebrand the park, execute capital improvements, and improve operations, all with the aim to increase the park’s quality and revenue.
Country Glen Estates was acquired as 52TEN’s second direct offering to private capital, with it’s own business plan, tax strategy, and duration.
“Mobile home park investments offer stable performance and favorable risk dynamics,” said Jack Martin, 52TEN co-founder. “Country Glen Estates is yet another opportunity for investors to enjoy tax benefits, stable cash flow, outsized returns, and peace of mind through volatile market cycles.”
52TEN is an Arizona-based private real estate investment firm. Co-founded by Jack Martin and Nate Pattee, 52TEN takes a unique approach, partnering with investors through recession-resistant mobile home parks to maximize yield while minimizing risk. By combining a lower-risk strategy with unparalleled transparency and a disciplined business approach, the firm provides a comfortable investment and the best experience in the industry.
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