SECURE YOUR FUTURE
Buy Mobile Home Parks With Us
Manufactured housing has become one of America’s most secure investment opportunities in both good and bad economic times – With other sectors experiencing volatility, it’s time to diversify your investment portfolio.
- Reserved for accredited investors.
OUR MISSION
Passive
investing
in
mobile
home
parks
doesn't
have
to
be
difficult.
Enjoy Capital acquires and improves manufactured home communities to expand the supply of affordable housing while helping investors grow their portfolios.
How
to
invest
invest
in
mobile
home
parks
.
Transparent, investor-aligned mobile home park investing made simple for investors like you. Add value to your portfolio while creating affordable housing options for individuals and families. Learn about the ways you can invest in mobile home parks.
Get updates on our MHP fund offerings.
We’ll send an email out anytime we have updates on our MHP funds, or when new funds are created for investors like you.
Manufactured
Home
Community
Ownership
Experience
We have over a decade of combined experience acquiring and operating mobile home communities, and have the real-world experience to make strategic investments to benefit our investors.
Portfolio Value
Communities
Lots
Off-Market Deals
History & Experience
Enjoy Capital Group boasts extensive expertise in the Manufactured Home Communities sector. With a rich history spanning over two decades, our company has successfully acquired, managed, and optimized numerous mobile home communities across the United States. Their seasoned team of professionals is well-versed in the unique dynamics of this industry, ensuring that residents receive top-notch services while maximizing investor returns.
Strategic Insight
Our key strengths lies in our ability to identify strategic investment opportunities within the manufactured home community market. We leverage deep market knowledge and strong industry relationships to acquire properties with significant growth potential. Our hands-on approach to management and commitment to community improvement projects have consistently elevated the quality of living for residents while delivering attractive returns to their investors.
Why
Mobile
Home
Parks
?
Land Ownership
We are in the business of renting lots. This leads to significantly reduced maintenance expenses when compared to renting buildings.
Low Tenant Turnover
5-7+ years on average, compared to apartments at 1 year on average. High cost of moving mobile homes leads to an extremely stable tenant base.
Demand for Affordable Housing
Nearly one-third of American households earn less than $34,000 per year. Households are considered cost-burdened when they spend more than 30% of their income on rent and utilities, which means monthly rents should be less than $875. The average manufactured housing lot rent is half this amount allowing for significant long-term stable rental growth.
Significant Tax Benefit
The 2017 Tax Cuts and Jobs Act created a unique opportunity for mobile home parks, allowing approximately 75% of the acquisition price to be depreciated as bonus depreciation in the first year.
Highest Return of Any Real Estate Asset Class
“From the March 2009 stock-market bottom, shares of big mobile-home park owners Sun Communities Inc. and Equity Life Style Properties Inc. have returned a tech-like 4,137% and 1,186%, respectively, counting price changes and dividend payments.” (December, R. (2020, Feb 25). This Stock Has Returned 4,100% Since the Housing Crash. Wall Street Journal)
What
our
investors
really
think
about
our
strategies
.
Matt S.
"I have invested with Andy and Enjoy Capital numerous times over the past couple of years. I have been overly pleased with Enjoy Capital’s investments and each property's performance. All distributions have been made on time, and have exceeded projections. They know MHCs inside and out and continue to stick by their principles & fundamentals in real estate investing - something that is very hard to find today. Andy and his team have always shown an unwavering commitment to their stakeholders, properties, and tenants. He is a man of integrity, transparency, and is timely in his response to any questions and/or feedback. I look forward to continuing my relationship and investment with Andy and Enjoy Capital, and watch their continued success and rapid growth."