The Principals of Strategic MHP Fund, LLC and their affiliated companies manage over 20,000 lots across nearly 200 parks in 26 states, and have been recognized as a top 10 owner/operator in the U.S.
The Principals have an extensive 20-year track record of success in the mobile home park industry, and have over 60 years of combined real estate investing experience.
team@strategicmhpfund.com | (970) 797-3288
Invest Now!The Principals have established proven systems for handling all aspects of mobile home park investing, and their extensive backgrounds and relationships help them identify properties that minimize investment risk and maximize cash on cash returns
Strategic MHP Fund is well aware of the advantages of purchasing mobile home parks and has developed a set of stringent acquisition criteria that addresses both strong cash flow from day one and adding value to each MHC through various means such as increasing rental rates and occupancy, reducing expenses, and improving the quality of the community. The overall objective for each property is to provide an excellent return on investment for investors, while at the same time providing every resident with a safe and affordable place to live.
Investors are always seeking new opportunities which offer reduced risk, yet significantly higher returns than can be achieved in traditional saving accounts or CDs. MHCs present such an opportunity; now more than ever, as we believe that we are currently in the midst of a great buying opportunity in the MHC industry.
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Read moreStrategic MHP Fund's Principals have an extensive 20-year track record of success in the mobile home park industry, and have over 60 years of combined real estate investing experience.
They have long established relationships with key market participants such as banks, insurance companies, real estate agents and brokers, and are able to source attractive investments through their own popular MHC listing websites. Their extensive experience in both the ownership and operation of MHCs makes them uniquely situated to quickly assess investments, determine their risks, evaluate possible turn-around plans, and analyze future growth potential.
Invest Now!In addition to being recognized as industry leaders, Strategic MHP Funds Principals are also highly regarded educators and consultants, having authored books and written articles on MHCs, conducted MHC “boot camps” and seminars, and served as mentors and advisors to other MHC investors.
They also have developed some of the most respected websites dedicated to the MHC and RV park industries. The Strategic MHP Fund Principals’ extensive background and relationships help them identify properties that minimize investment risk and maximize cash on cash returns for investors.
Dave is a Key Principal of Strategic MHP Fund, LLC, the Fund Manager. Strategic MHP Fund and their affiliated companies manage over 20,000 lots across nearly 200 parks in 26 states, and have been recognized as a top 10 owner/operator in the U.S.
Dave has been in the manufactured home community industry for almost two decades when he purchased his first MH Community in Limon, CO using cash advances from credit cards and seller financing. Since that time, Dave has owned and operated over 250 MH Communities from coast to coast with a focus on the Great Plains and Midwest.
In addition to owning and operating MHC’s, Dave has built two of the largest websites dedicated to the industry. The first is MobileHomeParkStore.com, the nation’s premier listing service for buying and selling communities. This website provides Strategic MHP Fund an excellent resource for deal flow across the country. The second website, MHBay.com has been rapidly growing into one of the most visited listing services for Manufactured Homes. Dave has also been involved in the brokerage of mobile home parks both for sale and for lending purposes. The websites have helped propel Dave into a household name in the industry and also led to the partnership with Frank Rolfe whom co-owns Mobile Home University with Dave. With the widespread community ownership, the control of the largest conglomeration of industry websites, the vast number of contacts in the business, and recent articles in major publications, they have built a following second to none in the business
Dave has an accounting degree from Mesa State University and attended grad school at Colorado State University. While that education provided a solid base in finances, Dave never worked as an accountant but has been self-employed since he was a teenager pushing the lawn mower around. Dave lives in Cedaredge, Colorado with his wife of 25 years and 3 children and 2 grandchildren
Frank is a Key Principal of Strategic MHP Fund, LLC, the Fund Manager. Strategic MHP Fund and their affiliated companies manage over 20,000 lots across nearly 200 parks in 26 states, and have been recognized as a top 10 owner/operator in the U.S.
Frank has been in the mobile home park industry since 1996, when he purchased his first park in Dallas, Texas. Since that time, Frank has owned and operated over 130 mobile home parks throughout the Great Plains and Midwest. Recently, he and his partners were the subject of articles in the New York Times, Bloomberg, and numerous other publications and television shows, focusing on the affordable housing industry in the U.S.
Prior to his entry into the mobile home park sector, Frank built from scratch the largest privately-owned outdoor billboard company in Dallas/Ft. Worth, which he sold to Universal Outdoor (now Clear Channel) in 1996. He additionally bought a large Los Angeles outdoor billboard company, Leonard Outdoor, as a turn-around in 1999, and eventually sold it to Heywood Outdoor of San Bernadino.
In addition to his duties at Strategic MHP Fund, Frank co-owns Mobile Home University, which is the leader in educational information on the mobile home park industry, and provides six classes per year on mobile home park acquisitions and operations. Virtually all of the industry-specific lenders, brokers, buyers – even the children of the largest portfolio owners in the U.S. – have attended these classes.
Frank has an A.B. in Economics from Stanford University. He lives, with his wife and daughter, in Ste. Genevieve, Missouri, where he volunteers as President of the Landmarks Association and serves on the Board of the Valle Catholic School. He is also a member of the Lions Club, and teaches classes for Junior Achievement each year.
Strategic MHP Fund Principals’ primary strategy is to acquire, add value, and reposition under-valued, under-performing, improperly capitalized, but income-generating MHCs in the U.S.
Strategic MHP Fund and its affiliated companies seek to assemble diversified portfolios of low-risk, high cash flowing MHCs to generate capital preservation, income and equity growth. Strategic MHP Fund’s goals are to:
Our latest offering is open for investment. Let us know of any questions!
team@strategicmhpfund.com
(970) 797-3288
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