Our track record is only as strong as the performance of the individual assets acquired for our five funds — four of which are closed to new investments.
Fund 5 Case Studies
Mobile Acres Mobile Home Park
Off-Market Acquisition | Q3 2026
Mobile Acres
Ashtabula, OH
Mobile Acres is a 100-lot manufactured housing community in Ashtabula, Ohio, acquired 94% occupied with a resident base that is largely tenant-owned (74 of 94 occupied homes). The community provides immediate cash flow with a clear, low-complexity path to added value through gradual lot rent increases, utility recapture, infill of vacant lots, targeted community improvements, and disciplined day-to-day operations.
Ponderosa Mobile Home Park
Off-Market Acquisition | Q2 2026
Ponderosa
Dublin, OH
Ponderosa is a 108-site, 55+ mobile home community located in Dublin, Ohio, one of the most affluent suburbs in the Columbus, Ohio MSA. The asset combines immediate, in-place cash flow with a clear, low-complexity path to added value. It was 97% occupied at acquisition and almost entirely tenant-owned, with only two park-owned homes in the community, supporting a stable, age-qualified resident base and low management intensity.
Nautica Parking Facility
Off-Market Acquisition | Q1 2026
Nautica Parking Facility
Boston, MA
The Nautica Parking Facility is a 297-space covered garage located in Boston’s Charlestown Navy Yard, one of the city’s most supply-constrained waterfront submarkets. The asset combines immediate cash flow, a highly desirable urban location, and visible operational upside supported by a practical parking optimization strategy.
The Meadows MHP
Off-Market Acquisition | Q4 2025
The Meadows
Pittsburgh, PA
The Meadows is a 118-site manufactured housing community located roughly 30 minutes outside the Pittsburgh metro area. This property was acquired with meaningful vacancy, creating a clear opportunity to improve performance through stabilization and disciplined management.
Courtyard Estates MHP
Off-Market Acquisition | Q4 2025
Courtyard Estates
Columbus Area, OH
Courtyard Estates sits within one of Ohio’s strongest and fastest-growing metros, approximately 15 minutes from downtown Columbus. This 67-site manufactured housing community is supported by steady job growth and long-term demand for affordable housing.
Bellecrest MHP
Off-Market Acquisition | Q4 2025
Bellecrest
Hattiesburg, MS
Bellecrest is a long-established manufactured housing community in the Hattiesburg MSA that combines durable cash flow, a stable resident base, and meaningful internal growth potential. The property has already demonstrated years of consistent Sunrise operations, making it a proven asset rather than a speculative turnaround.
Sherman Estates MHP
Off-Market Acquisition | Q4 2025
Sherman Estates
Cincinnati, OH
Sherman Estates is a well-located manufactured housing community in the greater Cincinnati MSA that combines durable in-place income with clear, operationally driven upside. The asset benefits from a long-established resident base, limited competing affordable housing supply, and a market supported by continued growth along Cincinnati’s southern corridor.
Cedarhurst & Walston MHP
Date Acquired | Q4 2025
Cedarhurst & Walston
Salisbury, MD
Cedarhurst & Walston MHPs are all-ages, affordable housing communities totaling 180 spaces along Maryland’s Eastern Shore. Both were acquired from long-time legacy owners who had developed the properties decades earlier and kept lot rents at just $250 for years, despite market rents having moved north of $400.
Previous Funds’ Assets Case Studies
Zanesville MHP Portfolio
Off-Market Acquisition | Q3 2025
Zanesville
Columbus Area, OH
The Zanesville MHP Portfolio is exactly the kind of acquisition we target at Sunrise Capital Investors: significant margin of safety with day one cash flow. We acquired this stabilized, income-producing mobile home park portfolio as part of a growing mid-Ohio portfolio. On closing day, it delivered $2.15 million in day-one equity to our investors.
The Bourse Parking Facility
Off-Market Acquisition | Q2 2025
The Bourse Parking Facility
Philadephia, PA
In Q2 2025, we acquired a multi-level structured parking garage in the heart of historic downtown Philadelphia—just blocks from Independence Hall, the Liberty Bell, and the National Constitution Center. This off-market acquisition is a prime example of the Fund 4 thesis in action: immediate income, built-in equity, and durable demand in a no-new-supply market.
American Presidential Estates
Off-Market Acquisition| December 2024
American Presidential Estates
Wayne County, MI
This off-market transaction presents an exceptional opportunity to tap into immediate value through rental optimization and operational efficiencies. With our proven value-add strategy, we are positioned to enhance both investor returns and the long-term viability of these communities.
Lakeridge Estates MHP
Off-Market Acquisition | March 2024
Lakeridge Estates
Huntsville, OH
Our latest venture in Central Ohio, the Lakeridge mobile home community is delivering an immediate $1.5 million in instant equity, equivalent to an impressive 29% return on equity to Fund 4 investors from the outset. This exceptional opportunity underscores our commitment to identifying and capitalizing on undervalued assets to generate immediate value for our investors.
Miami Village MHP
Off-Market Acquisition | June 2024
Miami Village
Fort Wayne, IN
Like the lion’s share of our deals, Miami Village was acquired through a direct-to-owner transaction, facilitated by our extensive local network. With over 700 units already owned in the Fort Wayne MSA, we were able to significantly leverage existing relationships to purchase this deal in full alignment with our immediate equity, implementing value-add improvements, and achieving substantial returns.
Charlotte Parking Facility
Off-Market Acquisition | December 2024
Charlotte Parking Facility
Charlotte, NC
The Charlotte Parking Facility is a seven-story, institutional-grade asset located directly across from the Spectrum Center, home of the Charlotte Hornets. This premier location places it at the heart of one of the fastest-growing cities in the U.S., ensuring steady demand from event-goers, office workers, and downtown visitors. Acquired in an off-market, direct-to-owner transaction, this asset represents a prime example of our ability to secure high-quality investments at a discount in a constrained market.
Ridgebrook Hills MHP
Off-Market Acquisition | December 2023
Ridgebrook Hills MHP
Fort Wayne, IN
The Ridgebrook Hills mobile home community in Fort Wayne, Indiana, stands out as a prime investment for several compelling reasons. Upon acquisition, Sunrise Capital Investors created an impressive $5.4 million in instant equity, translating to an immediate 20% return on equity for investors. This significant financial uplift showcases SCI’s ability to identify and capitalize on undervalued assets, ensuring immediate value creation.
North Beach Parking Plaza
Date Acquired | May 2022
North Beach Parking Plaza
Clearwater Beach, FL
This off-market acquisition is an institutional grade, Class A property where visitors park to enjoy the #1 beach in the country. With lack of parking supply and massive demand, the City built North Beach Parking Plaza brand new in 2017. It’s a generational asset on Clearwater Beach with a long-term lease that provides stable, recurring income for many years into the future. This visibility of income over the next decade provides safe, predictable cash flow (and clarity) for our Fund 3 partners.
Luhrs Parking Garage
Date Acquired | May 2023
Luhrs Parking Garage
Phoenix, AZ
Luhrs Parking Garage is institutional grade, Class A property located within a 3-minute walk from the Phoenix Suns and Arizona Diamondbacks stadiums. Sunrise negotiated and purchased a high-quality, stabilized asset, at well-below replacement cost, in one of the hottest markets in the nation.