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Benchmarks · Real Estate Equity

Manufactured Housing & Mobile Home Parks

Mobile home park and manufactured housing community funds. Cap-rate compression in the 2010s drove a wave of new funds; structures lean heavily on operating-company economics alongside real-estate ownership.

Sample7 funds6 with compositeBelow 25-fund threshold — read with caution

Score · median across 6 scored funds

Composite
49
Absolute LP Take
80
GP Timing Risk
22
Pref Quality
57
Fee Drag
0
Alignment
15

Structural design — median

Pref rate
median
8.0%
n
6
Hurdle rate
median
n
0
LP residual split
median
50.0%
n
5
GP residual split
median
50.0%
n
5
Catch-up rate
median
n
0
GP commit
Undisclosed treated as 0% per platform policy.
median
0.0%
n
7

Feature prevalence — % of funds where present

Pref cumulative
50%
Pref compounding
0%
Has catch-up
0%
Has clawback
20%
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