Check out our Fund 5 Portfolio
Nautica Parking Facility— Boston, MA |Off-Market Acquisition | Q1 2026
Overview
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.
What makes Nautica especially compelling is that it already performs as an operating asset while still offering multiple ways to improve revenue and efficiency. This is not a redevelopment story. It is an institutional-quality parking asset where Sunrise can apply a repeatable operating playbook to improve pricing, utilization, technology, and expense control in a market with durable year-round demand.
Courtyard Estates MHP Portfolio— Columbus Area, OH |Off-Market Acquisition | Q4 2025
Overview
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.
At the time of acquisition, the property was approximately 87% occupied, with a majority of homes owned by residents. The asset benefits from a stable resident base and a market where housing affordability continues to be under pressure.
The business plan for Courtyard Estates focuses on steady, operational improvements over time, addressing vacant homes, improving the physical condition of the community, and thoughtfully adding new homes where appropriate. The surrounding area features strong household incomes and low unemployment, supporting long-term occupancy and collections.
Courtyard Estates reflects Sunrise’s approach to investing: acquire well-located communities, improve them responsibly, and operate them for durable, long-term income rather than short-term financial engineering.
The Meadows— Pittsburgh, PA |Off-Market Acquisition | Q4 2025
Overview
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.
At acquisition, lot rents were below prevailing market levels, and the community had room to improve both occupancy and operations. Sunrise has implemented a fully funded capital plan focused on renovating homes, adding new units, and improving day-to-day efficiency across the property.
Additional operational initiatives, such as expense recovery programs and selective community upgrades, are designed to improve net operating income while maintaining affordability for residents.
The Meadows is a classic value-add asset in a high-barrier-to-entry market, where sustained demand supports a measured, sustainable path to improved cash flow.
Cedarhurst MHP— Salisbury, MD| Off-Market Acquisition | Q4 2025
Overview
Cedarhurst is a one-of-a-kind subdivision-style manufactured housing community located in Salisbury, Maryland. The property features large lots, mature trees, and a neighborhood layout that closely resembles traditional single-family housing.
Sunrise has owned and operated Cedarhurst for more than eight years, during which time the community has maintained high occupancy and strong resident retention. Its low-density design and proximity to major employers, healthcare, and education make it difficult to replicate.
Cedarhurst is best described as a long-term hold: a well-maintained, well-located community that produces reliable income through consistent operations, rather than aggressive growth assumptions.
Walston MHP— Salisbury, MD| Off-Market Acquisition | Q4 2025
Overview
Walston is a workforce housing community located in Salisbury, one of Maryland’s most economically diverse and stable markets. Sunrise has operated the community for over eight years, with a track record of steady collections and low resident turnover.
The community offers incremental upside through the addition of a small number of homes and planned infrastructure improvements that enhance long-term reliability. Walston also benefits from shared staffing and operational efficiencies with other Sunrise-owned communities in the area.
This asset exemplifies Sunrise’s focus on operational consistency, prioritizing reliable cash flow, efficient management, and long-term durability.
Bellecrest MHP— Hattiesburg, MS| Off-Market Acquisition | Q4 2025
Overview
Bellecrest is a high-demand affordable housing community located in Hattiesburg, Mississippi, a regional employment center anchored by healthcare and education. Sunrise has owned and operated the community for more than seven years.
The market continues to benefit from rising incomes, limited new housing supply, and sustained demand for quality workforce housing. Sunrise is executing a measured expansion plan that includes adding new homes and investing in community infrastructure and appearance.
Bellecrest reflects a long-term ownership mindset, improving communities incrementally while maintaining affordability and resident satisfaction.
Sherman Estates MHP— Cincinnati, OH| Off-Market Acquisition | Q4 2025
Overview
Sherman Estates is located just south of Cincinnati, offering affordable housing with access to one of the Midwest’s strongest employment corridors. Sunrise has operated the community for more than seven years with stable occupancy and consistent performance.
The surrounding region benefits from growth in logistics, healthcare, and manufacturing, while affordable housing options remain limited. Sunrise continues to invest in the community through modest upgrades and ongoing maintenance to support long-term value.
Sherman Estates is a steady, cash-flow-oriented asset designed to perform through cycles rather than rely on aggressive growth assumptions.