Mobile Home Park

Explore nuestra cartera de activos inmobiliarios comerciales y revise su desempeño

Asset Portfolio

browse our portfolio of commercial real estate assets and review their performance

Un parque de casas móviles es una comunidad en la que las casas móviles o prefabricadas se ubican en lotes alquilados, a menudo con conexiones de servicios públicos y servicios compartidos, como áreas de juegos o lavandería. Ofrece viviendas asequibles, retornos estables para los inversores y una demanda creciente debido a los desafíos de asequibilidad de la vivienda.


¿POR QUÉ PARQUE DE CASAS MÓVILES?


Alta demanda: La demanda de viviendas asequibles es constante, lo que hace que los parques de casas móviles sean una inversión resistente.


Flujo de caja estable: Los alquileres de lotes generan ingresos consistentes con bajos costos de mantenimiento ya que los residentes a menudo son propietarios de sus viviendas.


Baja rotación: Mudar las casas móviles es costoso, por lo que los inquilinos suelen quedarse a largo plazo.


Scalability: Multiple units on a single property make it easier to scale compared to single-family homes.


Underserved Market: Limited new park development and growing demand create a strong market opportunity.

Our Facilities

JVs / Joint Venture

Location: Yantis, TX

# Lots: 32

Year acquired: 2022

Sponsor / GP

Location: Edinburg, TX

# Lots: 286

Year acquired: 2023

Sponsor / GP

No. of Units: 55

Year Acquired: 2022

Sponsor / GP

Location: 2604 Furrs St, Arlington, TX, 76006

No. of Units: 168

Year Build: 1979

Sponsor / GP

Location: 1500 S Jupiter Rd, Allen, TX 75002
No. of Units: 202
Year Build: 1986

Sponsor / GP

Location: 920 Westcott St, Houston, TX 77007

Year acquired: 2022

No. of Units: 297

Location: 500N Judge Ely Blvd, Abilene, TX
No. of Units: 288
Year Build: 1981

Gestores de activos dedicados a ayudar a otros a través de la educación sobre creación de riqueza y la inversión pasiva a través de bienes raíces.

CARTERA DE ACTIVOS

invest@up-plex.com

1401 Lavaca St., #191, Austin TX 78701

Copyright © 2022 Up Plex Multifamily All rights reserved.

LPs / Limited Partners

Increase NOI by stabilizing NOI. Classic unit renovation and increased amenities

Location: Columbus, OH

Property type: MF

# Units: 194

Year build: 1971

Going in CAP rate: 7.26%

Rehab Budget: 1.3M

CoC: 7.70%

IRR: 23.50%

EM: 2.15

LPs / Limited Partners

Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate.

Location: Winston Salem, NC

Property type: MF

# Units: 336

Year build: 1960

Going in CAP rate: 4%

Rehab Budget: 2.3M

CoC: 11.95%

IRR: 15.11%

EM: 2.48

LPs / Limited Partners

Class A asset, high occupancy. The business plan includes optimization of current amenities, smart technology package implementation, and rent outdoor community areas improvements.

Location: Dallas, TX

Property type: MF

# Units: 179

Year build: 2016

Going in CAP rate: N/A

Rehab Budget: 900k

CoC: 5.50%

IRR: 20%

EM: 2

LPs / Limited Partners

Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate.

Location: Houston, TX

Property type: MF

# Units: 155

Year build: 2013 / 1973

Going in CAP rate: N/A

Rehab Budget: 1.06M

CoC: 8.70%

IRR: 15-60%

EM: 1.8

Sponsors / General Partners

Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate. 9 fire damage units at purchase for full renovation & upgrade.

Location: Austin, TX

Property type: MF

# Units: 138

Year build: 1978 / 1983

Going in CAP rate: 4.40%

Rehab Budget: 3.2M

CoC: 8.90%

IRR: 15-60%

EM: 1.8

Sponsors / General Partners

Class A asset, high occupancy. The business plan includes optimization of current amenities, smart technology package implementation, and rent outdoor community areas improvements.

Location: Houston, TX

Property type: MF

# Units: 212

Year build: 2010

Going in CAP rate: 4.30%

Rehab Budget: 1.2M

CoC: 8%

IRR:16%

EM: 1.8

JVs / Joint Venture

Location: Morganton, NC

Property type: SS

# Units: 84

Year acquired: 2021

LPs / Limited Partners

Workhouse housing. NOI stabilization by completing deferred maintenance and lender-required repairs. Increase of rents to market rate.

Location: Houston, TX

Property type: MF

# Units: 192

Year build: 1984

Going in CAP rate: 5.50%

Rehab Budget: N/A

CoC: 8%

IRR: 16%

EM: 2

LPs / Limited Partners

High occupancy, long-term residents. The business plan included external improvements, improve curb appeal, and amenity additions.

Location: Pittsburg, PA

Property type: MF

# Units: 23

Year build: 1881

Going in CAP rate: 4%

CoC: 7.70%

IRR: 36.06%

EM: 1.87

LPs / Limited Partners

Convert from 100 Motel Rooms to 65 Units. Complete conversion within 12 months. Lease up to be completed, RUBS implementation. Refinance at 2 and 4 years of holding.

Location: Sierra Mesa, AZ

Property type: MF

# Units: 65

Year build: 1972 / 2021

Going in CAP rate: N/A

Rehab Budget: N/A

CoC: 8%

IRR: 17.90%

EM: 2.34

Sponsors / General Partners

Workhouse housing. NOI stabilization by adding a dog park, soccer park, and other community amenities. The business plan also includes upgrades on classic units.

Location: Duncanville, TX

Property type: MF

# Units: 200

Year build: 1970

Going in CAP rate: 3.70%

Rehab Budget: 1.3M

CoC: 8%

IRR: 15%

EM: 1.9

JVs / Joint Venture

Location: Uvalde, TX

Property type: MHP

# Lots: 26

Year acquired: 2021

Sponsors / General Partners

Workforce housing, value add assets, located in two thriving markets. Experienced team with successful performance in those markets. Large portfolio with economies of scale and cost optimization. *(projected returns)

Location: Lexington, KY

& Winston Salem, NC (5 Properties)

Property type: MF

# Units: 670

Year acquired: 2022

CoC: 8% – 10%

IRR: 13% – 16%

EM: 2.5 – 3.0

JVs / Joint Venture

Location: Longview, TX

Property type: SS

# Units: 134

Year acquired: 2022

JVs / Joint Venture

Location: Yantis, TX

Property type: MHP

# Lots: 32

Year acquired: 2022

JVs / Joint Venture

Location: Edinburg, TX

Property type: MHP

# Lots: 286

Year acquired: 2023

Sponsor / GP

Location: Harris County, TX

Year acquired: 2023

Sponsor / GP

Location: 2604 Furrs St, Arlington, TX, 76006

Year acquired: 2022

No. of Units: 168Year Build: 1979

Property Type: MULTIFAMILY

Going in Cap Rate: 5.28%

Rehab Budget: $1,500,000

CoC: 5%

IRR: 15%

Sponsor / GP

Location: 1500 S Jupiter Rd, Allen, TX 75002

Year acquired: 2022

No. of Units: 202

Year Build: 1986

Property Type: MULTIFAMILY

Going in Cap Rate: 4.50%

Rehab Budget: $2,250,000

CoC: 6.34%

IRR: 15.93%

EM: 2x +

Sponsor / GP

Location: 920 Westcott St, Houston, TX 77007

Year acquired: 2022

No. of Units: 297

Year Build: 2016

Property Type: MULTIFAMILY

Going in Cap Rate: 4.00%

Rehab Budget: $1,485,000.00

CoC: 7-9%

IRR: 14.34%

EM: 1.8 - 2x

Sponsor / GP

No. of Units: 297

CoC: 6.00%

EM: 2.87

Year Acquired: 2022

No. of Units: 288

Property Type: Multifamily

Year Built: 1981

Copyright © 2022 Up Plex Multifamily All rights reserved.