Welcome to CRI Deal Flow a weekly briefing on mobile home park investment opportunities and market trends across the U.S. Our focus is simple: Deliver high-quality deal flow + actionable insights for investors, owners, and operators in the manufactured housing space.
New!
Springtide MHP – Coos Bay, OR
Price: $2,129,000 | Price/Site: $51,926 | Units: 41 | Cap Rate: 5.33% | Year 1 Cap Rate: 6.93% | Size: 2.95 Acres
Brokers: Pierce Brazil, Dylan Brazil, Dimitre Petrov, Nolan Rockwell, Thomas Beniamen
✔ Rare Coastal Investment Opportunity 41-site all-age MHP/RV community in a supply-constrained Coos Bay market
✔ Below-Market Rents with Clear Upside Ability to increase rents (last rent increase was in 2020) and lease the SFR at market rent.
✔ City Utilities + RUBS Potential Public water and sewer with additional upside through utility bill-backs ✔ Favorable Tenant-Owned Home Mix Majority TOHs, reducing maintenance costs and operational burden
✔ Additional Income Opportunities Unmonetized laundry facility and on-site office, plus recent SFR roof upgrade enhancing value
New!
Northern California MHP (Off-Market Opportunity)
Cap Rate: Reach Out for Information
Brokers: Pierce Brazil, Dylan Brazil, Dimitre Petrov, Nolan Rockwell, Thomas Beniamen
Highlights:
✔ No Rent Control providing full flexibility for future rent growth
✔ High-Quality Community with strong occupancy and stable tenant base
✔ City Services including water and sewer for efficient operations
✔ Recent Capital Improvements including newly paved roads
✔ Direct-Billed Utilities with new meters and upgraded utility infrastructure
✔ Strong Rental Market supporting long-term demand and rent growth 
Recent Price Adjustment!
15564 Hesperia Rd – Victorville, CA
Brokers: Thomas Beniamen, Dimitre Petrov, Pierce Brazil, Dylan Brazil, Nolan Rockwell
Highlights:
✔ Strong Rental Upside Current rents are below market, offering immediate value-add through strategic rent increases
✔ Major System Upgrades Recent electrical and plumbing improvements enhance long-term reliability and reduce maintenance costs
✔ Renovated Unit Mix 9 of 10 units have been fully remodeled, providing modern interiors and strong leasing appeal
Recent Price Adjustment!
The Barnard Street Portfolio – Blythe, CA
Price: $3,750,000 | Units: 52 | Properties: 2 | Cap Rate: 8.69% | Building Size: 37,546 SF | Land Area: 2.40 Acres
Brokers: Pierce Brazil, Dylan Brazil, Dimitre Petrov, Nolan Rockwell, Thomas Beniamen
Highlights:
✔ Attractive Yield Now offered at an ~8.70% in-place cap rate with a projected ~9.37% pro forma return
✔ Strong Occupancy Approximately 96% occupied, providing stable in-place cash flow
✔ Compelling Basis Offered at approximately $72,000 per unit and $100/SF
✔ Value-Add Upside Opportunity to improve operations and increase NOI over time
✔ Two Adjacent Properties 52 units across two multifamily assets in Blythe, CA
Recent Price Adjustment!
Tierra Buena MHP – Yuba City, CA
Price: $2,650,000 | Price/Site: $94,642 | Units: 28 | Cap Rate: 6.51% | Size: 3.61 Acres Brokers: Pierce Brazil, Dylan Brazil, Dimitre Petrov, Nolan Rockwell, Thomas Beniamen
Highlights:
✔ Strategic Northern California Location Located in the Yuba City–Marysville MSA, ~45 minutes from Sacramento, 50 minutes from Chico, and 1 hour from Modesto
✔ Public Utilities / Efficient Operations City water and sewer, with direct-billed gas and electric (PG&E) and Recology trash service
✔ Strong Retail Proximity Within 1.5 miles of Walmart, Target, Home Depot, and Sam’s Club—supporting tenant retention
✔ Expansion Potential Ability to add 2–4 additional sites near the entrance (subject to HCD approval)
✔ Stable Tenant Base Approximately 50% double-wides with long-term residents and electronic rent payments
✔ No Rent Control Allows for future rent growth and operational flexibility
(Under-Contract!)
Driftwood Mobile Home Park – Sanger, CA
Price: $1,995,000 | Price/Site: $48,659 | Units: 41 | Size: 4.66 Acres Brokers: Nolan Rockwell, Dimitre Petrov, Pierce Brazil, Thomas Beniamen, Dylan Brazil
Highlights:
✔ Seller Financing Available Ownership is open to flexible terms, creating an attractive acquisition structure
✔ Below-Market Rents No rent increases in 5+ years, providing clear upside through rent adjustments
✔ Value-Add / Turnaround Opportunity Ability to infill vacant sites with park models and improve overall management
✔ Operational Improvements Implement utility bill-backs, consistent meter reads, and improved marketing strategies
✔ Additional Revenue Potential Repositioning the on-site convenience store to capture income during peak seasons.
New Orchard Estates – Los Molinos, CA
Brokers: Pierce Brazil, Dylan Brazil, Dimitre Petrov, Nolan Rockwell, Thomas Beniamen
Highlights:
✔ Strong Highway Location Positioned along Highway 99 between Chico (30 min) and Redding (45 min), offering strong visibility and demand
\✔ Expansion Potential Excess land allows for 8–10 additional park model homes, RV sites, or potential solar development
✔ Additional Income Opportunities Ability to lease the on-site shop and fill vacant pads for increased cash flow
✔ Tenant-Owned Home Community Primarily TOHs with a stable, long-term tenant base; includes two park-owned homes
✔ No Rent Control / Value-Add Upside Flexibility to increase rents and improve operations
✔ Renovated SFR + Amenities Recently renovated single-family residence (2024) currently rented at $1,250/month, along with an on-site bathroom and laundry facility
Note:
ADDITIONAL OFF-MARKET INVENTORY!
CRI Brokerage is currently representing an exclusive off-market Southern California portfolio totaling 400+ sites, along with several private, off-market opportunities available to qualified buyers.
In addition, our team has multiple listings coming soon and continues to source off-market deals across key markets.
For full details, financials, and first-look access, please contact: cribrokerage.com
Email: [email protected]
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📊 MARKET INSIGHTS
📈 MHP MARKET PULSE
- Cap rates trending in the 5.75% – 6.75% range for stabilized assets
- Continued demand from both private and institutional buyers
- Increased focus on operational upside, rent growth, expense optimization)
- Buyers are prioritizing value-add opportunities and long-term cash flow over purely stabilized yield.
🏁 RECENT TRANSACTIONS
R Haven Overnight Family Park – Georgia
💰 Sold: $1,300,000
✔ Multiple offers generated
✔ Strong digital exposure
✔ High buyer demand 
Jennings MHP – Merced County, CA
💰 Sold: $8,000,000
✔ Off-Market Transaction
✔ 98 Units
✔ No Rent Control
✔ Value-Add Opportunity
✔ Strong Pricing
✔ Long-Term Hold Strategy 
🔗 Join Our Exclusive Buyers List
Get access to off-market opportunities, new listings, and exclusive deal flow
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🎯 ACTIVE BUYER REQUIREMENTS
- ✔ 50–150+ site mobile home parks
- ✔ City utilities preferred
- ✔ Value-add opportunities
- ✔ Southeast, Midwest, and select Western markets
👉 If you’re considering selling, we’d welcome the opportunity to connect.
What This Means If You Own a Park
A question I’ve been getting more often lately:
“Is now a good time to sell?” The honest answer is—it depends on your goals. But what I can say is:
- There is still real buyer demand
- There is still capital in the space
- And good deals are still trading
If you have a well-located park, especially with upside, there’s a strong chance there’s a buyer for it right now.
🧠 My Take
From where I sit, working deals day-to-day, nothing about the long-term outlook for mobile home parks has changed. If anything, the asset class continues to prove itself. You’ve got:
- Limited supply
- Strong demand
- And real operational upside
That combination is hard to find anywhere else in real estate.
📬 Let’s Connect
Pierce Brazil
📞 209.444.6651 📧 [email protected]
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