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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 ...
Earlier this year, the federal government made available $225 million in grants for improvements at mobile home communities, including those owned by residents, and announced plans to allow ...
American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states.
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]
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]
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.
The same report noted that, "Unlike time-sharing schemes involving resort-area condominiums, the campground site is never owned by the camper who buys into a membership park. This fact alone has prompted some private campground owners and campers to question the wisdom of signing up at fees as high as $7,000." [4]
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 ...