Mobile Home Parks Investing in Rapid City, SD
Mobile Home Parks Investing in Rapid City, SD
A mobile home park investment is a niche opportunity that many have missed by not recognizing the significant returns it can generate. Our economy is fraught with inflated real estate prices and a rocky at best employment trend. This coupled with a decline in the development of new mobile home communities has led to a low supply and high demand for affordable housing.
The common misconception of mobile home communities is that they are less than desirable trailer parks for rent, but we create a new reality for our tenants in which they have the chance of home ownership. We take mobile home parks that have unmet potential and use proven processes to update the infrastructure, beautify the grounds, and overall create a community that the residents are proud to call home.
Suncrest Capital was established to extend our reach for helping communities to become thriving neighborhoods, and provide a way to share the profitable investment returns with our partners.
As the parks are upgraded, more lots are infilled and the value of the entire community rises. We slowly raise rent prices to meet the current market rate, but we make the changes gradually in a way that respects the residents' financial situations. The parks become profitable endeavors and our syndicate investors see passive income streams roll in.
The common misconception of mobile home communities is that they are less than desirable trailer parks for rent, but we create a new reality for our tenants in which they have the chance of home ownership. We take mobile home parks that have unmet potential and use proven processes to update the infrastructure, beautify the grounds, and overall create a community that the residents are proud to call home.
- We increase safety by requiring background checks for our residents.
- We rehabilitate infrastructure which reduces operating expenses.
- We increase the unit count by creating additional lots on the property.
- We upgrade the area with landscaping and maintenance crews.
Suncrest Capital was established to extend our reach for helping communities to become thriving neighborhoods, and provide a way to share the profitable investment returns with our partners.
As the parks are upgraded, more lots are infilled and the value of the entire community rises. We slowly raise rent prices to meet the current market rate, but we make the changes gradually in a way that respects the residents' financial situations. The parks become profitable endeavors and our syndicate investors see passive income streams roll in.