Overview

In 2019, 52TEN acquired Santa Rita Heights, a 50-space mobile home park outside Tucson, Arizona, as part of its strategy to reposition underperforming communities in strong locations. The team rebranded the community, addressed years of deferred maintenance, and invested in capital improvements to improve infrastructure and curb appeal. As occupancy was optimized through the renovation and sale of homes, rental rates were moved closer to market levels. Within just two years, 52TEN successfully executed its business plan and sold the property to a California-based buyer, achieving returns that exceeded original projections. Santa Rita Heights illustrates 52TEN’s proven model: acquire overlooked mobile home parks in fundamentally strong markets, reposition them through hands-on management and value-add improvements, and deliver strong, recession-resistant returns to investors. This project underscores the firm’s focus on conservative strategies designed to provide predictable income and stability, even in times of economic uncertainty.