Eventually, ma and pa Mobile Home Park operators will be swallowed up by professional operators, so the opportunity to invest is now. The demand to live in Mobile Home Parks is growing while the supply is shrinking. The average Mobile Home Park owner stays in their home 17.5 years, some stay even longer. Many ma and pa owners, especially second or third generation family members, don’t reinvest into their properties and the assets become mismanaged and neglected. These parks can be great value-add opportunities for professional operators. Jack Martin, Co-founder and head of Investment Capital of 52/10, specializes in the acquisition, management, and development of Mobile Home Parks.
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