Crystal View Capital is actively seeking to expand its portfolio by acquiring off-market assets. If you have an off-market asset that you believe meets our acquisition criteria, please contact us. We would be happy to discuss your asset in more detail.
Mobile Home Communities
100+ sites or a minimum or $30k/month in gross income
200+ doors (35k+ sq. ft.) or
a minimum of $30k/month in gross income
The larger, the better! No development.
If a portfolio deal, one location must meet the parameters mentioned above.
Ownership Profile: Preferably mom-and-pop owned
Yield: Typically 5%+ cap is based upon in-place NOI but will go lower if there is a compelling story to create value in the near term
Value-add: i.e. the ability to raise rents (both street rates and existing), increase occupancy, and solve delinquency issues
Buyer Strength: We can pay cash, move quickly, have the creativity and resourcefulness to work on “special situations”, and most importantly we have a reputation for doing what we say.
Broker Compensation: We are principals. We will pay additional comp (1-2%) for off-market deals.