ACQUISITION CRITERIA

RV Parks and Resorts

• RV parks with 150+ sites, strong amenities, and preferably public utilities
• Located near employment centers or multiple demand drivers
• Preference for parks with majority of revenue from permanent/seasonal guests; will consider transient parks in strong locations
• Majority of sites should offer full hook-ups (W/E/S)
• Interest in glamping properties with $750K+ revenue, near natural attractions within 2 hours of major metros

Manufactured Home Communities

• Land leased communities nationwide, but emphasis on East Coast and the Sunbelt
• Age restricted (55+) communities, but will consider all-age communities
• Communities with more than 75 sites preferably with public utilities
• Occupancy of 80% or greater and park owned homes make up less than 20% of total sites 

Manufactured Home Communities

• Land leased communities nationwide, but emphasis on East Coast and the Sunbelt
• Age restricted (55+) communities, but will consider all-age communities
• Communities with more than 75 sites preferably with public utilities
• Occupancy of 80% or greater and park owned homes make up less than 20% of total sites 

Self-Storage Facilities

• Self-Storage facilities with 35,000+ net rentable square feet
• Prefer mix of climate and non-climate controlled facilities
• Strong interest in outside RV & boat storage
• Commercial frontage and high traffic count locations (15,000+ average daily traffic count)

Self-Storage Facilities

 

• Self-Storage facilities with 35,000+ net rentable square feet

• Prefer mix of climate and non-climate controlled facilities

Strong interest in outside RV & boat storage

• Commercial frontage and high traffic count locations

    • (15,000+ average daily traffic count)
Other Collateral Types
Marinas

• Minimum 100 slips; focus on coastal marinas in the Southeast and Mid-Atlantic
• Preference for wet slips; mixed wet/dry storage considered
• Majority of revenue should come from boat storage and ancillary streams leased to third parties

Multi-Family Units (Florida Only)

• 25-75 units
• 85% occupancy or higher 
• Municipal utilities 
• No Section 8, high-rise, or flat-roof buildings

                         

Other Collateral Types

Marinas

  • Coastal marinas in Florida (100 slips or more) and lake marinas in the Southeast (200 slips or more)

  • Preference for wet slips; mixed wet/dry storage considered

  • Majority of revenue should come from boat storage and ancillary streams leased to third parties

Multi-Family Units (Florida Only)

  • 25–75 units

  • 85% occupancy or higher

  • Municipal utilities

  • No Section 8, high-rise, or flat-roof buildings

Special Situations

  • Vacant land with entitlements or potential entitlements for RV parks or self-storage; parking lots and facilities; cell towers; billboards; ground leases; and RV park owner note purchases.
  • Technology related investments associated with commercial real estate.

 

Submit your confidential sale information to BD@athenarealestate.com