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manufactured housing Manufactured Housing

Industries & Specialties

Manufactured Housing and RV Park (MHRV) Advisory

Expert investment sales, financing, and advisory for manufactured housing communities and RV parks across the United States.
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The manufactured housing and RV park sectors have moved well past "alternative asset class" status. Institutional capital is paying attention, supply constraints are real, and the fundamentals — stable occupancy, affordable housing demand, and recession-resistant cash flows — are compelling. The question is no longer whether these assets deserve a place in a diversified portfolio. It's whether you have the right team to execute. 

Our Manufactured Housing and RV Park Advisory Group (MHRV) operates as a dedicated specialty practice within the National Multifamily Advisory Group, bringing focused expertise to a sector that rewards precision. From mobile home park dispositions in the Southwest to RV resort transactions along the Eastern Seaboard, our team combines product-type depth with regional market fluency that generalist brokers simply cannot replicate. 

Navigating this sector requires more than transactional experience. It requires market knowledge that connects macroeconomic signals — affordability pressures, interest rate cycles, demographic migration — to the micro-level fundamentals of individual communities. That's the strategic advantage we bring to every engagement. 

What Sets Us Apart

Access to Active Capital

We maintain deep relationships with the full spectrum of capital actively pursuing MHC and RV park assets — from private equity funds and family offices to institutional REITs and high-net-worth operators. In a sector where buyer pools are specialized and relationships matter, our network ensures competitive tension and optimal pricing on every transaction.

Creative Capital Solutions

MHC and RV park financing carries its own nuances — agency lending eligibility, land-lease structures, and mixed-use classifications all require creative structuring. We bring the experience and lender relationships to engineer solutions that align with your specific asset profile and investment objectives.

Research & Insights

We interpret the structural forces shaping this sector — affordability-driven demand for manufactured housing, the growth of destination RV travel, and shifting demographic patterns across the US — and translate that into actionable guidance for owners and investors.

Proprietary Investor Data & Technology

Our advisors leverage proprietary data platforms and investor intelligence tools to underwrite assets with precision, benchmark performance against comparable transactions, and position each offering to the most qualified buyer universe available.

Market Leadership & Recognition

Our track record spans communities of all sizes, from value-add mobile home parks to institutional-grade resort properties. Our specialized knowledge of the manufactured housing and RV sectors, combined with our deep relationships and connectivity across the entire Cushman & Wakefield platform, allows us to deliver for our clients.

Industries & Subservices

Industries & Subservices

Investment Sales — Manufactured Housing Communities 


Manufactured Housing Communities (MHCs) and Mobile Home Parks represent one of the most resilient asset types in the living sector. Stable, long-term occupancy, low turnover costs driven by the physical immobility of homes, and strong affordability dynamics create a compelling investment thesis — particularly in markets where workforce housing demand outpaces supply. 

We manage the full disposition process: positioning, marketing, buyer qualification, and closing. Our insights and market knoweldge across the country  ensures your asset is priced correctly and reaches the right capital. 

Learn more about Multifamily

Investment Sales — RV Parks & Resorts 


RV parks and resorts sit at the intersection of hospitality and residential real estate — a hybrid that requires a specialist's understanding of both revenue management and property fundamentals. Consumer demand for experiential, outdoor travel continues to grow, and the investment community is taking notice. 

We bring buyers and sellers together with a process built on deep sector knowledge, accurate underwriting, and access to a qualified investor base that understands this asset type's unique value drivers. 

Learn more about Capital Markets 

Development Site Sales 


Entitled development sites for MHC and RV park projects require a specific buyer profile. We identify and qualify developers, operators, and land investors with the appetite and capability to execute — connecting sellers with capital that understands the entitlement, infrastructure, and operational requirements of these specialized assets. 

Learn more about Land

Financing Advisory 


Access to advantageous financing is one of the most compelling attributes of the MHC sector. Agency lending programs, including Fannie Mae and Freddie Mac products, are available to qualifying communities and can significantly enhance buyer economics and asset liquidity. We connect owners and buyers with the right financing structures to optimize transaction outcomes. 

Learn more about Debt & Equity Financing Solutions 

Appraisal & Valuation Services 


Accurate valuation of MHC and RV park assets requires an appraiser who understands land-lease structures, lot rent dynamics, and the income approach nuances specific to these property types. We provide valuation services that give owners, lenders, and investors the confidence to make informed decisions. 

Learn more about our Valuation & Advisory 

 

Industries We Serve



Multifamily & Living Sector Investors 


MHCs are increasingly viewed as a core component of the living sector investment universe. For multifamily investors seeking portfolio diversification, inflation-resistant income, and strong occupancy fundamentals, manufactured housing offers a differentiated risk-return profile. Our integration within the National Multifamily Advisory Group means you have access to the full depth of our living sector platform. 

Learn more about Multifamily 

Hospitality & Outdoor Hospitality Investors 


RV parks and resorts increasingly attract hospitality-oriented capital looking for assets with operating upside, experiential demand tailwinds, and real estate appreciation potential. The outdoor hospitality sector has demonstrated durable consumer demand across economic cycles, making it an attractive target for investors with operational expertise or management partnerships. 

Learn more about Capital Markets 

Land & Development


For developers and land investors, MHC and RV park development sites represent an opportunity to deliver product into undersupplied markets. We advise on site identification, feasibility, and disposition strategies that account for local zoning, infrastructure requirements, and the specific capital profiles of developers active in this space. 

Learn more about Land 

 

Team

Norman Sangalang 2025 - web.jpg
Norm Sangalang

Executive Director
San Diego, United States

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FAQS

Manufactured Housing Communities — also referred to as mobile home parks — are land-lease properties where residents own their homes but lease the underlying land from the community owner. This structure creates stable, recurring income with low capital expenditure requirements, since the owner is not responsible for maintaining individual homes. In the current U.S. housing environment, where affordability pressures are significant across most major markets, MHCs provide a resilient, demand-supported income stream. They also qualify for agency financing through Fannie Mae and Freddie Mac, which enhances liquidity and buyer economics. For investors seeking durable cash flows and inflation-resistant income, MHCs represent one of the more compelling options in the living sector.

We advise on the full spectrum of RV park and resort assets — from smaller, destination-oriented campgrounds to large-scale, amenity-rich resorts with a mix of transient and long-term occupancy. We also work on hybrid properties that blend RV sites with manufactured housing lots or park models . The common thread is our team's ability to accurately underwrite these assets, position them to the right buyer universe, and manage the transaction process with the precision this specialized asset class demands.

MHCs that meet specific criteria — including community age, lot count, and occupancy thresholds — can access agency financing through Fannie Mae and Freddie Mac programs. These products typically offer more favorable terms than conventional commercial real estate financing, including longer amortization periods and competitive interest rates. We connect buyers and sellers with lenders who specialize in MHC financing to ensure optimal capital structures are in place to support successful closings.

RV park and resort valuation requires an understanding of the blended revenue model these assets often operate under — transient site rentals, long-term seasonal leases, and ancillary revenue from amenities. Capitalization rates, comparable transaction data, and income normalization for seasonal assets all require a specialist's approach. Our valuation advisory services are grounded in the specific income dynamics and comparable transaction data relevant to this asset class, not generic multifamily benchmarks.

The manufactured housing and RV park sectors have their own buyer pools, financing structures, regulatory considerations, and valuation methodologies. A generalist approach — applying conventional multifamily or commercial real estate frameworks to these assets — consistently underperforms. Our sole focus on this product type means we bring a depth of market knowledge, buyer relationships, and transactional experience that directly impacts outcomes. For owners looking to maximize value, specialist representation is not a preference. It's a material advantage.

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