Mobile Home Park
Saegertown, PA

In April 2021, the Keel Team and investment partners purchased an 80 lot mobile home park in Saegertown, PA.


Original Acquisition Price
April 14, 2021


Initial Cash Investment


Through improvement initiatives such as: filling vacant pads, removing and renovating run down homes, modest lot rent increases, and others, we were able to improve the parks’ operations, increase NOI, and achieve a significant value increase. The financial results of these efforts are summarized below:



Recourse debt for both partners.


Cash flow distribution

On October 2021, the first cash flow distribution was $23,777.78


Cash out refinancing event

On May 24th, 2023 the first refinancing event occurred.



Investor Distributions

The partnership received $1,157,880.80 from the refinancing event. The new debt is non-recourse Fannie Mae agency debt.

Monthly Distributions Paid Starting in Month 6

8% Preferred Distributions Paid Monthly




*And the LP investors stay in the deal after the refinance for infinite returns.

Future Potential ROI Opportunities

Infinite Returns

Infinite returns since all of the original equity investment has been returned, yet we still own the MHP.


Additional supplemental loan available 12 months after refi (possible additional future returns per refinance loan terms).


Forced savings of approximately $1,833,000.00 due to the equity remaining in the property after the May 2023 refinancing event.

*Based on refinance appraisal values.


Additional potential equity appreciation as the MHP continues to increase in value.

Interested in learning more?

Get in touch with us today to learn more about mobile home park investing! 

LEGAL DISCLOSURE: All investment offerings have a high degree of risk. Results may vary. Past performance is not a guarantee of future success.

Keel Team provides unique opportunities for passive investors to enter the mobile home park asset class without having to deal with the headaches of tenants, toilets or trash.


Contacting us does not entitle you to purchase, or to participate in any current or future offering of, securities by us and/or our affiliates. We are not offering to sell you securities by providing you with an opportunity to contact us. All of our and our affiliates’ securities offerings are done through private placements, and participation in those offerings is restricted to persons with whom we have a prior, established business relationship and who meet applicable investor standards.

Subscribe to the Keel Team Email List!

[mc4wp_form id=1851]

We hate spam. You can unsubscribe anytime.