(March 2025) – MCM Partners is proud to announce the successful closing of MCM Mobile Home Fund I, a private investment vehicle fully funded by a select group of qualified, accredited investors. The fund, which is now closed to new investment, marks a significant milestone in providing innovative solutions to the affordable housing crisis while delivering strong, recession-resistant returns for its investors.
MCM Mobile Home Fund I, with COARE Communities as its General Partner, aims to capitalize on the unique opportunities within the manufactured housing sector. Led by Hansel Rodriquez, COARE Communities brings a proven track record of successful investments in mobile home communities (MHC) since 2018, with a strategic focus on the Sunbelt states. The fund’s objectives are designed to create long-term value for investors while addressing the growing demand for affordable housing across the United States.
Fund Objectives:
- National Portfolio Acquisition: Acquire a diversified portfolio of mobile home communities spanning the United States, with a focus on the Southeast.
- Recession-Resistant Cash Flow: Build a perpetual cash flow stream for investors, uncorrelated to broader market fluctuations, with a targeted full return of invested capital by Year 5.
- Opportunistic Pricing: Leverage current financing market conditions to acquire assets at favorable pricing in an asset class that has historically traded at a premium to traditional multi-family properties.
- Tax Advantages: Utilize bonus depreciation benefits specific to mobile home parks, enabling investors to receive an estimated 100% of their initial investment as a tax loss in Year 1.
COARE Communities is committed to preserving and enhancing manufactured housing communities—the most affordable housing option in America—as a cornerstone of its mission to tackle the affordable housing shortage. With a disciplined acquisition strategy and a focus on operational excellence, COARE is well-positioned to deliver on the fund’s ambitious goals.
Derek Copeland, Principal at MCM Partners, commented: “MCM Mobile Home Fund I represents a unique opportunity to align investor interests with a critical societal need. We are thrilled to partner with COARE Communities to deliver strong returns while making a meaningful impact on affordable housing. The overwhelming support and demand for this fund from our accredited investors underscores the strength of this strategy and the growing recognition of manufactured housing as a resilient, high-value asset class.”
With MCM Mobile Home Fund I now closed, MCM Partners and COARE Communities are shifting their focus to executing the fund’s strategy, acquiring high-quality mobile home communities, and delivering on their promise of sustainable returns and social impact.
For more information, please contact Amanda Parrish, Director of Investor Relations, at aparrish@mcm-partners.com
About COARE Communities
COARE Communities is a leading investment firm specializing in the acquisition, preservation, and management of manufactured housing communities. Since 2018, COARE has built a strong presence in the Sunbelt states, delivering consistent value to investors while addressing the critical need for affordable housing in America. (www.coarecommunities.com)
About MCM Partners
MCM Partners is a private investment firm dedicated to identifying and capitalizing on unique, high-return opportunities for accredited investors. With a focus on innovative strategies and strong partnerships, MCM Partners drives value creation across its portfolio. (www.mcm-partners.com)
