
2 - 10 employees
Founded 2018
🏠 Real Estate
💸 Finance
Real Estate • Finance
Park Avenue Partners is a real estate investment firm that acquires, renovates, and operates mobile home parks and mobile homes through an SEC-registered fund. It partners with accredited investors to co‑own mobile home parks, providing quarterly dividends, profit splits on sale, and a no-fee alignment model (no acquisition, management, or exit fees). The firm focuses on improving operations (infilling vacant pads, installing water meters, raising rents where appropriate) to generate risk‑adjusted returns while expanding the supply of affordable housing for low-income Americans. Minimum investment is $100,000 and investments may be held in self-directed IRAs or entities for accredited investors.
🔥 2 hours ago
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2 - 10 employees
Founded 2018
🏠 Real Estate
💸 Finance
Real Estate • Finance
Park Avenue Partners is a real estate investment firm that acquires, renovates, and operates mobile home parks and mobile homes through an SEC-registered fund. It partners with accredited investors to co‑own mobile home parks, providing quarterly dividends, profit splits on sale, and a no-fee alignment model (no acquisition, management, or exit fees). The firm focuses on improving operations (infilling vacant pads, installing water meters, raising rents where appropriate) to generate risk‑adjusted returns while expanding the supply of affordable housing for low-income Americans. Minimum investment is $100,000 and investments may be held in self-directed IRAs or entities for accredited investors.
• Source vendors to rehab 20 mobile homes in four states over the next 12 months. This is a critical KPI on which your bonus will be based. • Improve utility recovery rates to 97% or better. We have capital for new meters, for leak detection, and for anything else you need. This is a second critical KPI on which your bonus will be based. • Improve RV occupancy to 90% or better in one property. This is a third critical KPI on which your bonus will be based. • Maintain our 97% collections rate. Improve it if you can. • Manage properties to meet or exceed budget. You have responsibility for hiring, training, and terminating (as a last resort) your Community Managers. • Own your monthly financial results. Solve the inevitable problems that crop up every month. But please ask for help when you need it; we really are here to support you! • Conduct site visits (likely quarterly) to insure your Community Managers are doing their jobs. Meet with tenants as needed.
• 3+ years of relevant experience in the manufactured housing, RV, and/or apartment industry with track record of promotions and achieving KPIs. • Experience in the destination RV resort industry a big plus. One of your properties is a ‘Winter Texan’ RV park that needs help. (The rest are regular MHPs.) • Willingness to travel approximately 1/3 of the time. • Excellent written and verbal communication skills, and the ability to work well in a team environment as well as independently. • Proven self-starter with attention to detail.
• $70,000 - $75,000 base, $30,000 bonus. $100,000 - $105,000 OTE. • Bonuses paid out quarterly • 3 weeks/year paid vacation. • Flexible schedule • Annual retreat to South Padre Island
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