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Cedar Point MHP

Springfield, MO · View on map ↗

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Representative mobile home community photo for Cedar Point MHP

Investment snapshot

58-lot value-add community purchased at $25k per lot from an out-of-state owner. Occupancy was 71% at purchase with rents $85 under market.

2.05xrealized equity multiple
22.7%realized IRR
$1,435,000returned to investors
Purchase price$1,450,000
Equity raise$700,000
AcquiredJun 1, 2022
Minimum investment$50,000

What investors should verify

  • Compare the business plan with the rent roll, occupancy, utilities, roads, and capital budget.
  • Read investor-only documents before committing capital.
  • Use the briefing or question form to pressure-test assumptions with the sponsor.

Business plan

Realized: filled 14 lots, raised rents to market, and sold in March 2026 to a regional operator at a 6.4% cap rate.

Photos

Representative community photo shown until the full site gallery is uploaded.

Representative mobile home community photo for Cedar Point MHP Open gallery

Documents & materials

Investor-only documents

Sensitive offering and diligence materials are available only after sign-in or approved access.

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Offering memorandumInvestor access required
Rent roll and trailing financialsInvestor access required
Underwriting modelInvestor access required
Legal and subscription documentsInvestor access required

Outcome

Sold to a regional operator. Final distribution paid March 2026.

Public updates

Mar 12, 2026

Cedar Point sold — 2.05x, 21.5% IRR realized

We closed the sale of Cedar Point MHP on March 10. Investors received a 2.05x equity multiple and a realized IRR of approximately 21.5% over the 3.8-year hold. Thank you to everyone who helped make our first full-cycle deal a success.

The information on this site is for general information only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offer will be made only to qualified investors through definitive offering documents. Projected returns are estimates, are not guaranteed, and actual results will differ. Past performance does not guarantee future results. Investments involve risk, including possible loss of principal.