Mobile Home Park Fund
Investment Overview
52TEN acquires 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. During the term of ownership, 52TEN adds value by optimizing the quality and performance of each park, over an average initial hold period of seven years.
With Fund III, investors will gain exposure to mobile home park investments through an experienced sponsor who is adept at finding quality value-add and core-plus mobile home parks, repositioning them, and delivering a “best in class” investment experience.
52TEN Fund Investments
The Fund will acquire properties for a period of up to 18 months after the initial closing (July 2026), followed by a hold period of ten years, with liquidity and/or return of capital available to LPs at intervals when refinance events occur.
You can use this link to view the highlights of our fully subscribed Funds (Fund I and Fund II), or you can use this link to view our Track Record across all properties.
Fund II
Fully Subscribed. Fund II, LP, is an income-and-growth fund built around recession-resistant mobile home communities in Sun Belt States.
Fund I
Fully Subscribed. Fund 1, LP, is an income-and-growth fund built around recession-resistant mobile home communities in Arizona.
Fund III Highlights
Category | Terms |
|---|---|
| Target Assets | Mobile Home Communities |
| Risk Profile | Value Add / Core Plus |
| Objective | Tax Benefit, Income and Capital Appreciation |
| Target Park Value | $15-40 million per park |
| Term | Legacy hold with liquidity at intervals |
| Class A Interests | Minimum $1M, 80/20 split |
| Class B Interests | Minimum $300K, 70/30 split |
| Class C Interests | Minimum $100K, 60/40 split |
| Preferred Return | 7%, cumulative |
| Fund Structure | Reg D 506(c) |
| Target Fund Size | $60 million |
| Distribution Frequency | Quarterly |
| Administrator | InvestNext / Red Cedar |