Sunrise Mobile & RV 

Sunrise mobile & RV Park is a 50 unit community located in Dallesport, WA. This property is a classic value add asset with below market rents, poor rule enforcement and lack of investment back into the community. On top of this, it's acquisition was carefully negotiated, allowing for an attractive debt structure and acquisition price. 

 

In it's current condition, the asset several opportunities to increase profitability and thus increase the overall value of the property. These include installing new signage, enforcing cleanliness and safety rules, painting and upgrading park owned units, selling park owned units to minimize maintenance expenses, passing utilities onto tenants, increasing rent to market rates, paving roads, adding new pads etc. 

As we manage this asset, we will continue to implement these changes to improve  tenant's living

conditions, increase probability and maximize returns to our investors. In the near term, we expect to increase net income and overall asset value by approx 2X.

Contact

Tel: 206-886-8122​

mitchell.england@outlook.com

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Cadia Capital Group LLC.

The material on this website is for the general information of our clients and visitors. This website does not constitute an offer to sell or a solicitation of an offer to buy or sell any security or investment product, and may not be relied upon in connection with any offer or sale of securities.