Park Street Partners

Park Street Partners is a U.S.-based private real-estate investment firm specializing in the acquisition and operation of manufactured-housing communities / mobile home parks (MHPs). Their business model centers on acquiring undervalued or under-performing mobile-home parks, applying value-add asset management (improving operations, park infrastructure, utility conversion, pad-rent leasing, management upgrades) — and then holding or managing the parks to generate stable cash flow from land-lease revenues and long-term value appreciation.

On their website, Park Street Partners argues that mobile home parks are a misunderstood asset class — with low supply of new park development, stable demand for affordable housing, lower operating and maintenance burden compared to apartment buildings, lower tenant turnover (because tenants own their homes), and potentially higher cap-rates than comparable multifamily assets.

They raise capital from private (accredited) investors via syndication/fund-type structures to acquire parks, implying a pooled-investment approach rather than a single-property owner/operator model.