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July 17, 2024
Investing in RV Parks: Suncrest Capital Meets the Needs of Modern Nomads and Investors
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Suncrest Capital isn’t just about improving tenants' lives and providing steady returns for investors in mobile home communities. We see the bigger picture, offering a niche within a niche–high-quality RV parks that cater to the growing trend of modern nomads.
Since the pandemic reshaped our world in 2020, the freedom that comes with remote work has sparked imagination for what “work-from-home” can mean. It's no longer just retirees frequenting our RV parks; families of all sizes are embracing the excitement of mobile living. We have tapped into this booming market, offering investors the opportunity to capitalize on the demand for quality RV parks.
Since the pandemic reshaped our world in 2020, the freedom that comes with remote work has sparked imagination for what “work-from-home” can mean. It's no longer just retirees frequenting our RV parks; families of all sizes are embracing the excitement of mobile living. We have tapped into this booming market, offering investors the opportunity to capitalize on the demand for quality RV parks.
The Parks and Rec Sector: A Flourishing Outdoor Living Investment Landscape
The recreation industry is only growing. According to Mordor Intelligence, the 2024 ~$810 million RV rental market is expected to reach $1.19 billion by 2029. (Source) The good news for investors is that all those RV rentals need a place to park.
For this new market, glamping is the way to go. Short-term or long-term RV lot renters are willing to pay more when they perceive higher quality amenities, cleanliness, and safety. Unlike our mobile home parks where we prioritize affordable, quality housing, our focus for RV parks is on creating an inviting atmosphere rich with amenities and close to tourist destinations. Suncrest Capital offers investors the chance to be at the forefront of this exciting trend.
For this new market, glamping is the way to go. Short-term or long-term RV lot renters are willing to pay more when they perceive higher quality amenities, cleanliness, and safety. Unlike our mobile home parks where we prioritize affordable, quality housing, our focus for RV parks is on creating an inviting atmosphere rich with amenities and close to tourist destinations. Suncrest Capital offers investors the chance to be at the forefront of this exciting trend.
Our Investment Strategies: A Tailored Approach
We understand that investors have varying goals and preferences. We offer a diverse portfolio of mobile home and RV park investments to decrease investment risk and increase steady returns. Here's a breakdown of some key investment strategies:
- Value-Add: We identify underperforming communities and use our proven formula for significant improvement. By increasing the number of rental lots on a property and encouraging infill through strategic renovations, infrastructure upgrades, and enhanced amenities, we revitalize these parks, attract new residents, and increase investor returns.
- Long-Term Investments: Our portfolio encompasses long-term hold strategies in which we rely on investors like you for capital to buy and operate our real estate properties. In return, we offer the opportunity to build wealth through steady appreciation and consistent income.
- Stable Cash Flow: For investors seeking a steady income stream with passive involvement, we offer syndicate investment opportunities. Our established system for financing, purchasing, and upgrading, mobile home and RV communities leads to high occupancy rates. We employ reliable management procedures by trusted individuals and contractors, which translates to a hands-off approach, allowing you to enjoy consistent returns on your investment.
Case Studies: Bringing Investment Strategies to Life
Suncrest Capital's diverse approach to mobile home and RV park investment translates into real-world success stories. Here are a few examples:
- Case Study 1: Value-Add Transformation: We acquired a mobile home park and discovered two septic tanks that even previous owners hadn’t known about and therefore hadn’t emptied for over 15 years. Beyond addressing those tanks, we have since transitioned the park to city water and sewer. Our investors reap the benefits of higher-value parks without any of the dirty work.
- Case Study 2: Stable Cash Flow Champion: We identified an RV park with high occupancy potential. We raised capital through investors to acquire this park, and now our investors enjoy consistent rental income with minimal management responsibilities.
Market Analysis: Identifying Investment Opportunities
Suncrest Capital utilizes a data-driven approach to identify promising investment opportunities. Our team considers several key factors, including:
- Market demographics: Analyzing population trends, job growth, and income levels in target regions helps us pinpoint areas with a high demand for affordable housing options, such as mobile homes and RV sites.
- Competition: We assess the existing supply of mobile home and RV parks within a specific area. Understanding the competitive landscape allows us to identify locations with a limited number of high-quality parks, providing an edge for our investors.
- Local regulations: We take zoning restrictions and permitting processes into account during the selection process. This ensures a smooth investment experience.
Regional Considerations: Investing Across the Nation
Suncrest Capital recognizes that the mobile home and RV park market varies geographically. We factor in regional elements like climate, proximity to tourist destinations, and job markets when selecting investment opportunities. We’ve started in the Midwest where we have built up a team, and as we scale, we expand to well-researched areas of opportunity. This ensures a diversified portfolio that caters to a variety of resident needs and preferences.
Financial Strategies and Planning: Setting Yourself Up for Success
Suncrest Capital provides comprehensive support for our investors. We offer:
By partnering with Suncrest Capital, you gain access to a wealth of expertise and a proven track record of success in the mobile home and RV park investment sector. Get started today by scheduling a consultation at investors@suncrestcap.com.
- In-depth due diligence: Our team systematically conducts thorough research on potential investments, providing a clear understanding of the risks and rewards before committing to new properties.
- Financial projections: We create detailed financial models that forecast potential returns in ten-year increments, helping you make informed long-term investment decisions.
- Ongoing property management: For our investors’ peace of mind and to maintain a successful hands-off approach, we have built a team of professional property management services and trusted contractors to ensure your investment runs smoothly.
By partnering with Suncrest Capital, you gain access to a wealth of expertise and a proven track record of success in the mobile home and RV park investment sector. Get started today by scheduling a consultation at investors@suncrestcap.com.
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