Add Mobile Home Communities
To Your Portfolio
Invest in institutional quality assets that are geographically positioned and stewarded by a team with more than a decade of experience.
Spindrift Capital is a private real estate investment firm providing select and approved accredited investors with exclusive access to high-yield investments in the Mobile Home Park asset class. Our fundamental strategy is to assemble a diversified portfolio of low-risk, high cash-flow mobile home park assets with the goal of delivering superior returns and capital preservation paired with equity growth. We achieve this objective by acquiring, then adding-value or repositioning under-valued, mismanaged, sub-performing, or improperly capitalized income-producing assets. Investing passively allows you to get the cash flow and tax benefits of owning real estate, without the headaches of being a landlord.
Warren Buffet is Considered Greatest Investor Of All Time.
Did You KNow...
Warren Buffett is the largest owner of mobile home manufacturing and financing in the United States.
Why Mobile Home Parks Are Smart Investments:
Strong and Increasing Demand
As middle and lower-class families continue to be pressured financially, growing demand for inexpensive housing makes mobile home parks the most attractive housing option for those hovering near the poverty line or for the average American earner which currently is around $33k per year.
Artificially Constrained Supply
Due to increasingly burdensome zoning regulations, few mobile home parks are being built with approximately only 310 plus new parks developed in the past 20 years.
Low Tenant Turnover
The cost of moving a mobile home is roughly $5,000-$10,000. This is a very high cost for most of the residents in a mobile home park. Mobile home parks in which you rent the land to the homeowners have a much lower turnover ratio as compared to apartments as the average mobile home tenant stays 14 years in the same community. In most cases, once the home is moved into a park, that home will stay for decades.
Recession Resilient
Mobile home parks outperformed other real estate sectors during the most recent recession and were the top-performing real estate in 2020. Mobile home parks increased in value by 12% when a majority of other real estate asset classes went down in value during Covid. Demand for our product which we are the only affordable housing option actually increases as the economy tightens. The unique, favorable economics of mobile home parks produce superior risk-adjusted returns for investors.
Features
Appreciation
Real estate, including mobile home communities, appreciate in value over time.
Tax Benefits
Depreciation is a free tax write-off that allows you to keep more profits in your pocket.
Cash Flow
Tenants pay monthly rent which covers all expenses and provides profit to the owners.
Stability
Real Estate is less volatile and has historically outperformed the S&P 500.
Leverage
You can leverage real estate, allowing for the purchase of property with only typically 1/4 of equity raised.
Amortization
Tenants pay down the debt which increases your equity, creating long-term wealth.
real estate for portfolio investors
We are actively looking for interested investors. You may qualify to invest with us as either an accredited or sophisticated investor according to SEC guidelines. Click the “Start Investing” button below to fill out our investor form and find out if you qualify to join our multifamily investment team.