Cutting Edge Experts

In Commercial real estate assets

Why we invest and broker Mobile Home Communities

MHP Global is a real estate brokerage and management firm founded by Michael to broker and invest in mobile home parks (aka manufactured housing communities or trailer parks)  throughout the U.S.  We are yield driven investors. We seek to deliver our clients and investors superior cash flow returns for their performing assets and through acquisition of undervalued or  under performing mobile home park investments and implementing aggressive value-add asset management.

1

No competition from new supply 

99% of municipalities will never approve another mobile home park development. If you own one of the few (or only) mobile home parks in town you’re the affordable housing equivalent of Microsoft circa 1997 (monopoly). Compare this to apartment buildings; new developments are started everyday.

2

Demand for affordable housing is insatiable

51% of U.S. wage earners make less than $30,000 / year. There will always be demand for inexpensive housing in this country. We take pride in increasing the supply of affordable housing for deserving American families.

3

High operating margins / higher profits

The vast majority of our tenants own their respective home (we simply rent them the land). This leads to lower operating expenses and drastically lower turnover costs than apartment buildings.  

4

Very few competitors or institutional players

The mobile home park industry is a highly fragmented, inefficient market with the largest players owning less than 3% of the total properties. The overwhelming majority of mobile home parks are owned by "mom & pop", non-professional operators. This is the only remaining real estate asset class still ripe for consolidation.

5

Completely misunderstood and mispriced asset class

Our parks are family friendly, safe, attractive communities that are well suited for retirees and working class families. There is no logical reason why mobile home parks should deliver higher returns compared to apartment buildings of similar quality, yet we're not complaning! 

Learn more about Mobile Home Park Investing here

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