52TEN Announces Third Mobile Home Park Investment Fund

June 8, 2026 | Scottsdale, AZ

52TEN Announces Third Mobile Home Investment Fund

52TEN Launches Fund III, Granting Investors Access to a Legacy Portfolio of Recession-Resistant Real Estate

52TEN, a private real estate investment firm, is pleased to announce its third income and growth fund built around recession-resistant mobile home parks. This third fund, called “52TEN Fund III,” will focus on larger, higher-quality manufactured housing communities, with the underlying belief that quality will outperform less expensive assets over the long term.

Fund III will acquire quality mobile home parks at values below their potential in markets where home values are above average and where high demand for affordable housing is present. Once acquired, the fund will add value by optimizing performance and therefore forcing the appreciation of each property, while distributing cash flow to investors over the life of the fund.

Fund III will be uniquely different from prior funds due to the intention to hold the portfolio as legacy assets. Fund III will aim to acquire quality mobile home parks, extract the maximum tax benefit, complete the reposition of each asset and then refinance, return capital, and distribute cash flow indefinitely.

“Fund III will offer exposure to a variety of properties,” said Jack Martin, 52TEN co-founder. “Our entire portfolio is performing at 116% pro forma, and we look to build on that success in Fund III.”

Fund Thesis

Mobile home parks possess stronger fundamentals and more favorable supply-demand dynamics than other real estate. This results in stable performance with recession resilience.

Affordable Housing Shortage: Traditional housing has become unaffordable. The high cost of land prevents new affordable housing from being built. Older affordable housing is being redeveloped for other uses. The result is a shortage of affordable housing.

High Demand: The shortage has created the highest demand in history for the most affordable housing: Mobile Homes. Mobile home parks (MHPs) offer the only truly affordable housing, where the cost to live is typically half the next-most-affordable option. True affordability creates perpetual demand through economic cycles.

Low Supply: Due to redevelopment of older parks and zoning restrictions for new parks to be built, there is a shrinking supply of MHPs. This reduces competition and gives MHP owners unique pricing power.

The Window is Closing

What was once primarily a “Mom & Pop” asset class has become a favored investment choice for professional and institutional owners. As market share is captured, the window of opportunity to acquire larger, well-located communities is closing. Before this consolidation is complete, the firm aims to leverage its experience and relationships to build a quality portfolio of mobile home parks and associated investment products for its network of LPs.

Through Fund III, investors can gain exposure to mobile home parks with an experienced sponsor who is adept at finding high-quality, value-add properties, repositioning them, and delivering a best-in-class investment experience. As a 506(c) Reg D offering, Fund III will be open to accredited investors only.

52TEN is an Arizona-based private real estate investment firm with professional fund administration by RedCedar. Co-founded by Jack Martin and Nate Pattee, 52TEN focuses solely on recession-resistant mobile home parks to maximize yield and minimize risk. By combining this lower-risk strategy with unparalleled transparency and a disciplined business approach, the firm helps clients invest with confidence in America’s most stable real estate: Mobile Home Parks.