52TEN

Founded in 2016

52ten.com

Overview

52TEN brings investors together and partners with them in mobile home park investments. This recession-resistant real estate niche provides protection, predictable income, and peace of mind through any market cycle. By working with a firm that combines a lower-risk, income-generating investment with an investor-centric model and a disciplined business approach, you can look forward to a comfortab...read more

investor capital managed

$8,381,959

Principal Experience

20 Years

Real Estate Experience

24 Years

Investment Programs Offered

Close-Ended Fund, Syndication

Property Types

Manufactured Housing Communities

Regions

West

Strategies Employed

CRE Acquisition

Risk Profile

Value Add

Primary Markets

Phoenix-Mesa-Chandler, AZ, Flagstaff, AZ, Tucson, AZ, Yuma, AZ, Prescott Valley-Prescott, AZ

Track record

7 investments · 7 assets

Investment	Type	Inception Date	Investment Amount	Realization Date	Total Proceeds	Realized IRR	Realized Equity Multiply
Country Breeze MHP	Direct Real Estate	12/01/2020	$8,300,000	--	--	--	--
Melody Court MHP	Direct Real Estate	11/12/2019	$1,800,000	--	--	--	--
Palo Verde Hills MHP	Direct Real Estate	10/14/2020	$2,125,000	--	--	--	--
Oasis Gardens RV Resort	Direct Real Estate	07/28/2017	$2,250,000	--	--	--	--
Santa Rita Heights MHP	Direct Real Estate	03/01/2019	$900,000	--	--	--	--
Safford RV Park	Direct Real Estate	09/27/2018	$1,100,000	03/06/2020	$2,350,000	31.86%	1.46x
Central Park Estates MHP	Direct Real Estate	02/15/2018	$1,025,000	--	--	--	--

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Active investment summary

Amount of Active Investments

$16,400,000

Co-invested Capital

$346,000

Realized investments summary

Amount of Realized Investments

$2,350,000

Average IRR

31.86%

Average Equity Multiple

1.46x

Investments by property type

Manufactured Housing Communities

100%

Total

100%

Team

Jack Martin

Principal

· 2016 - Present

Jack spearheads relationships at 52TEN, overseeing property acquisitions and the firm’s capital partnerships. Over the last 20 years, his businesses have been involved in more than $250 million in re...read more

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Nathan Pattee

Principal

· 2016 - Present

Nate leads the financial planning at 52TEN, overseeing the asset management and strategy for the portfolio. His experience over the last 20 years include commercial development, commercial brokerage,...read more

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Opportunities

Funded

Monitored

Manufactured Housing Communities

Central Park Estates Mobile Home and RV Park

Acquired in 2018, the strategy at Walnut Grove began with a rebranding as “Central Park Estates”. ...

Inception: 02/15/2018

Funded

Monitored

Manufactured Housing Communities

Country Breeze Mobile Home Park

159 spaces (Yuma, AZ) Location: This park is bordered by brand new development of new homes and ...

Inception: 12/21/2020

Funded

Monitored

Manufactured Housing Communities

Melody Mobile Court

The strategy at Melody Court will include the establishment of appropriate management, installation...

Inception: 11/13/2019

Funded

Monitored

Manufactured Housing Communities

OG RV Resort

OG RV Resort is a 147-space senior RV resort located in west Yuma. The firm acquired the property w...

Inception: 07/28/2017

Funded

Monitored

Manufactured Housing Communities

Palo Verde Hills

49 Spaces (Apache Junction, AZ) Location: This park is located in the Phoenix Metro area, where ...

Inception: 10/15/2020

Funded

Monitored

Manufactured Housing Communities

Santa Rita Heights Mobile Home Park

52TEN, a mobile home and RV park investment firm, is pleased to announce the acquisition of Sahurit...

Inception: 03/26/2019

Full Cycle

Monitored

Manufactured Housing Communities

Safford RV Park

Safford RV Park is a 92-space park located in Safford, Arizona. The strategy at this park was to e...

Inception: 09/27/2018