Jefferson Lilly

Rental Property Investor

San Francisco, CAMember since 2010

About myself

Park Avenue Partners acquires and improves mobile home parks and RV parks nationwide. We are a for-profit private equity real estate partnership, but we also have a social mission - which is to help lower-income Americans get out of the game of paying rent forever and to become homeowners. Our track record is 10% - 15% annual IRRs to LPs; approximately half of this is paid out in cash quarterly, and the other half is the 'balloon payment' at the end of our funds when we sell properties. Our goal was, and is to create win-win investments for all parties involved with our properties. The residents of our mobile home parks benefit from being given a path to home ownership they might not otherwise have and to be living in cleaner, safer communities. The neighbors of our communities are benefited by having responsible management operate the property. And our investors receive superior tax-advantaged investment returns from a relatively low-risk real estate niche. If you have a mobile home park for sale, or would like to consider co-owning MHPs with with us, please reach out to me through our website. All property brokers and introducing parties will be protected. We pay referral fees for off-market deal flow ($960,000 and counting). www.parkavenuepartners.com

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CommercialMobile homes

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