MAKE acquires mobile home parks and RV parks from individual and family owners — bringing professional management, infrastructure improvements, and long-term stability to communities that need it.
Most mobile home parks are owned by families who've operated them for decades with minimal professional infrastructure. Rents are below market. Utilities are unbilled. Management is informal. The upside sits right on the surface.
MAKE targets individual and family owners — not institutional sellers — and acquires using creative finance structures that make the deal work for the seller without requiring heavy institutional capital on our side.
Once we're in, the playbook is consistent: bill-back utilities, establish professional management, stabilize occupancy, and build sustainable NOI growth — without displacing the existing community.
Stewardship over extraction. We run our parks for the long term — maintaining quality, maintaining relationships with existing residents, and building communities that are more stable after we arrive than before.
Sticky, low-turnover residents. Tenant-owned homes mean residents don't move. Turnover is a fraction of traditional multifamily.
Land-only model. We own the land — residents own their homes. We don't carry the depreciation risk of the structures.
Below-market rents. Most mom-and-pop parks haven't raised rents in years — the path to NOI growth is immediate and systematic.
No new supply. Zoning restrictions make new park development nearly impossible. Existing parks are the supply — and it's fixed.
Creative finance-friendly. Retiring family owners often prefer seller financing over a taxable lump sum. Our deal structure works for them.
Know a park that might qualify? Check the box — then send it our way.
Our MHP buy box extends further than our co-living footprint — we follow the demographics and deal quality.
Conditional markets are evaluated deal-by-deal based on price, NOI profile, and deal structure.
Implement RUBS or sub-metered billing where owner previously paid utilities. Immediate NOI improvement without rent increases.
Systematically align lot rents to market comps over 12–18 months — with transparency and resident communication, not surprises.
Fill vacant lots with tenant-owned homes via referral programs, park-owned home programs capped at 50%, and community outreach.
Address deferred maintenance, road improvements, and utility infrastructure — protecting asset value and keeping residents from leaving.
Most park owners don't want to hand their life's work to an institution at the lowest cap rate someone will pay. We offer something better — for both sides.
Every lead runs through our exact MHP buy box criteria. Lots, acreage, occupancy, owner type, market, cap rate, DSCR — all gates must open before we move forward.
We learn the seller's goals: tax situation, retirement timeline, attachment to the property, community legacy. The best deals happen when the seller's goals drive the structure.
We submit 3 options: a cash offer for baseline, and two creative structures (seller finance, sub-to, or wrap/MLO). We let the seller choose what fits their life best.
Full DD within 5 business days of LOI acceptance. Capital committed before the DD contingency expires — we never let a deal die because funding wasn't in place.
Keys turn, professional management activates within 72 hours. The value-add playbook begins. Community communication goes out. We don't disappear after close.