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Currently, 12 private equity funds own more than 1,300 American mobile home communities, home to more than 250,000 lots, according to the Private Equity Stakeholder Project, a nonprofit watchdog ...
Mobile home parks in the U.S. have become an attractive investment for financial firms such as Carlyle Group, Apollo Global Management and TPG Capital. [14] [3] [2] In the early 2020s, an individual mobile home park can be sold in the tens of millions of dollars. [15] Over 100,000 US mobile home sites were estimated to be owned by large firms ...
One subset of mobile home parks, retirement communities, restrict residents to those age 55 and older. Another subset of mobile home parks, seasonal communities, are located in popular vacation destinations or are used as a location for summer homes. In New York State, as of 2019, there were 1,811 parks with 83,929 homes. [12]
The first resort, the Chehalis Thousand Trails location was first begun on 640 acres (260 ha) [3] and by the late 1970s, contained a pool and lodge. As of 2007, the campground is part of a nature reserve and contains 3,000 camp sites, a 100 foot (30 metres) Slip 'N Slide, and an open area known as Roy Rogers' Field, named in honor of the company's first spokesperson.
Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle communities, and marinas. As of June 30 2024, the company owned interests in 666 such properties in the United States, Canada, and the UK consisting of approximately 181,760 developed sites and over 48,140 wet slips and dry storage spaces.
KOA (short for Kampgrounds of America) is an American franchise of privately owned campgrounds. Having more than 500 locations across the United States and Canada, it is the world's largest system of privately owned campgrounds. [2] [3] It was founded in 1962 and is based in Billings, Montana, United States. The current president and CEO of KOA ...
Wyldecrest Park is a residential mobile home park brand, [7] [8] and Wyldecrest Holiday Park is a sub- brand which focuses on the holiday parks including a golf course. [9] The company operates a charity called the Wyldecrest Charitable Trust. [10]
There are over 13,000 privately owned RV parks and over 1,600 state parks that cater to RVers in the USA. Many of these RV parks offer WiFi hotspot access on a daily, weekly, or monthly basis; occasionally, WiFi is included in the campsite fee. Most RV parks are independent or operated by a government entity.