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At first glance, investing in a community with a high number of park-owned homes might seem like a smart move. There’s clear potential: convert long-term renters into proud homeowners, stabilize the community, and create stronger long-term value. It looks great on paper, and it’s often the kind of transformation many operators hope to make.
But at Suncrest Capital, we’ve learned that the reality is more complicated. Even with solid financing options and lease-to-own pathways, converting park-owned homes into resident-owned ones is rarely straightforward. Many renters are simply used to renting. For some, it feels easier, more familiar, or more convenient—even when ownership would cost about the same each month.
Park-Owned Homes vs. Resident-Owned Homes:
Investparker.com defines Park-owned homes (POHs) as homes that the community operator owns and rents out to residents. In this setup, the operator is responsible for the home’s upkeep, condition, and overall management, while residents pay monthly rent to live in it.
Resident or Tenant-owned homes follow a different structure. Here, the resident owns the home, while the community provides and manages the lot where the home sits. Residents pay a monthly lot rent, but the home is fully theirs, giving them control over maintenance, improvements, and long-term decisions.
At Suncrest Capital, we focus on supporting this resident-owned model. It’s a structure that gives people real ownership of their homes while enjoying the benefits of living in a well-managed community.
Building a community where most residents own their homes doesn’t happen instantly. It takes guidance, the right financing pathways, and residents who are ready to embrace ownership. But when it all comes together, the result is one of the most meaningful parts of our work.
Helping a renter become a homeowner creates real impact. It brings stability, fosters pride, and strengthens the entire community. That’s why we continue to focus on resident homeownership. Because we’ve seen how ownership empowers people and creates neighborhoods where everyone feels invested in the future.
Learn more about Suncrest's way of building a thriving community today.
But at Suncrest Capital, we’ve learned that the reality is more complicated. Even with solid financing options and lease-to-own pathways, converting park-owned homes into resident-owned ones is rarely straightforward. Many renters are simply used to renting. For some, it feels easier, more familiar, or more convenient—even when ownership would cost about the same each month.
Park-Owned Homes vs. Resident-Owned Homes:
Understanding the Two Models
Investparker.com defines Park-owned homes (POHs) as homes that the community operator owns and rents out to residents. In this setup, the operator is responsible for the home’s upkeep, condition, and overall management, while residents pay monthly rent to live in it.Resident or Tenant-owned homes follow a different structure. Here, the resident owns the home, while the community provides and manages the lot where the home sits. Residents pay a monthly lot rent, but the home is fully theirs, giving them control over maintenance, improvements, and long-term decisions.
At Suncrest Capital, we focus on supporting this resident-owned model. It’s a structure that gives people real ownership of their homes while enjoying the benefits of living in a well-managed community.
How Suncrest Capital Helps Renters Transition Into Homeowners
In many of our communities, we offer rent-to-lease options that allow residents to move from renting to owning a home while paying roughly the same monthly amount. The difference? Those payments now build equity instead of being spent on rent.Building a community where most residents own their homes doesn’t happen instantly. It takes guidance, the right financing pathways, and residents who are ready to embrace ownership. But when it all comes together, the result is one of the most meaningful parts of our work.
Helping a renter become a homeowner creates real impact. It brings stability, fosters pride, and strengthens the entire community. That’s why we continue to focus on resident homeownership. Because we’ve seen how ownership empowers people and creates neighborhoods where everyone feels invested in the future.
Learn more about Suncrest's way of building a thriving community today.