Anchor Bay Ventures
Build Wealth, Shelter Income, Multiply Capital
Why Mobile Home Communities?
We see significant upside and the ability to achieve outsized returns for the following reasons:
The asset class is fragmented with many local owners
Below market rents are prevalent in the market and rent growth is expected to remain robust in the coming years
Tenant turnover is much lower than traditional apartments
Certain investors can take advantage of unparalleled tax advantages through cost segregation and accelerated depreciation
More avenues to add value than can be achieved in the saturated traditional apartment sector
How Our Syndication Works
Partnership Structure
We believe in true alignment with our investors. Our syndication structure ensures General Partners only succeed when Limited Partners thrive first.8% Preferred Return: We don't receive distributions until our Limited Partners achieve an 8% annual return on their investment. Your success drives ours.
Maximizing Your Tax Benefits
Strategic Depreciation Allocation: General Partners take only the depreciation needed to offset property cash flow—nothing more. This means virtually all accelerated depreciation flows directly to our Limited Partners, maximizing your tax advantages.
Year 1 Advantage: Our structure is designed around a significant timing benefit—Year 1 typically generates the lowest cash flow but the highest depreciation due to cost segregation and bonus depreciation. This front-loads your tax benefits when they matter most.
Strategic Exit Planning
5-Year Strategy: We target either strategic refinancing or disposition every 5 years to optimize returns and provide liquidity options.
Recapitalization Benefits: Refinancing is a tax-free event that can return capital while maintaining ownership, though cash distributions may be limited by loan-to-value requirements.
1031 Exchange Opportunities: When assets are sold, we encourage tax-deferred reinvestment through 1031 exchanges into our next syndicated properties. This allows you to compound your wealth while deferring capital gains taxes.
Growing Together
Our mission extends beyond individual deals. We aim to build long-term relationships where your capital grows across multiple investments, creating a portfolio of tax-advantaged real estate that builds generational wealth.
Why This Matters: While other syndications may prioritize immediate fees, we've structured our model to ensure your tax benefits are maximized and your capital compounds efficiently across multiple investment cycles.
Our Investment Strategy
We target manufactured housing communities (MHCs), mobile home parks (MHPs), and RV parks in Florida, capitalizing on the state's robust population growth, year-round favorable climate, and supportive regulatory environment. Our focused approach allows us to identify undervalued properties with significant value-creation opportunities across all three asset classes.
Target Investment Profile
Property Criteria:
Asset Value Range: $500,000 - $5,000,000 manufactured housing communities
Geographic Focus: Florida markets with strong demographic trends
Property Type: Communities with a mix of park-owned and tenant-owned homes
Value-Add Opportunity: Properties with significant upside potential through expansion, renovation, and/or operational efficiency
Target Returns:
Minimum Levered IRR: 15%+
Target Equity Multiple: 2.0x+ over 5-year hold
Distribution Target: 7-10% of invested equity