CURRENT OFFERING

Fund II is a 506(c) income-and-growth fund built around recession-resistant mobile home communities in Arizona and other Sun Belt states where population and demand for affordable housing are increasing.

Fund Overview

The Fund will acquire properties that have current cash flow but are underperforming in such a way that they can provide increased performance and substantial appreciation when remedied.

During the term of ownership, the Fund will add value by optimizing performance and forcing appreciation over an average holding period of five to seven years.

This recession-resistant strategy aims to mitigate risk and provide stable cash flow and tax benefits to investors.

Fund II Highlights

Category

Terms

Target AssetsMobile Home Communities
Risk ProfileValue Add / Core Plus
ObjectiveIncome and Capital Appreciation
Fund Size$30 million
Term10 years, Beginning September 2021
Class A Interests6% pref, 75/25 split thereafter
Class B Interests6% pref, 60/40 split thereafter
Minimum InvestmentClass A $1MM, Class B $50K
Fund StructureReg D 506(c)
Investor SuitabilityAccredited
Distribution FrequencyQuarterly
AdministratorInvestNext / Red Cedar
Tax BenefitsBonus Depreciation

Fund II Update, as of EOY 2023

Category

Terms

Cash Flow Distributed to-Date$ 1,953,849.79
Preferred Return HurdleMet in 2023
Fund II Portfolio 734 lots, across 4 parks (4th park in escrow)
Fund Closing DateTargeted for April 2024

Learn More and Apply to Invest

Fund II is accepting capital commitments on a first-come, first-served basis. Complete a short Investor Application to download the prospectus, or contact our founders to learn more about this unique mobile home park fund.