Gary Group Capital

Just Closed - 76 Unit MHC in Northern MI We're excited to share the successful closing of our latest acquisition. Here are some key highlights: o Quality: This is a 4-star community featuring strong infrastructure and a low-density layout, ensuring a superior living experience. o Value Add: This acquisition presents a significant infill opportunity. Within the 76-pad community, there are currently 23 vacant lots. The low occupancy rate is largely attributed to the seller’s lack of capital to invest in new and used homes, and therefore, there has been zero efforts to sell homes since ownership began. Additionally, the property includes an adjacent plot of 40 acres with Manufactured Housing (MH) zoning, offering the potential to more than double the community's size. o Business Plan: Over the next three years, we plan to enhance the curb appeal, purchase and install over 20 homes and implement a lease-to-own structure for a portion of existing Park-Owned Homes (POHs). This strategy aims to enhance the exit cap rate and improve refinancing options. We look forward to the opportunities this acquisition will bring! For further details, check out our full article here: https://lnkd.in/gsYWndkw #RealEstate #ManufacturedHousing #MHC #AffordableHousing

Today’s US Multifamily Market We are excited to share our insights in the current state of the US multifamily market, highlighting key trends: - Multifamily sales have slowed significantly, with 2023 seeing only $85.4 billion in sales compared to $263 billion in 2021. - National rent growth has decreased, with Class A properties experiencing minimal to negative growth, while Class B/C properties show steady increases. - Despite market challenges, renter demand remains strong, with significant absorption rates and low delinquency. - An influx of new supply is impacting vacancies and rent growth, particularly in high-growth Sunbelt markets. Staying informed about these trends helps us better anticipate shifts in rental demand and vacancy rates. For more in-depth insights and our strategic outlook, check out our full article here: https://lnkd.in/g9U3YcuH #RealEstate #Multifamily 

Exploring New Opportunities in Real Estate: The RV Park & Campground Market We are thrilled to share our latest insights on the expanding RV asset class, a dynamic sector that's ripe with untapped potential. In our recent visit to the RV park and campground conference in Orlando, we gathered valuable insights into this emerging market. From productive meetings with industry leaders to observing the surging demand firsthand, it’s clear that RV parks are on the brink of significant growth. Key Highlights: - Ripe for Consolidation: The highly fragmented market offers opportunities for new entrants to optimize and grow. - Favorable Demand & Supply: There’s a growing imbalance with high demand for RV sites but limited supply. - Strong 2024 Sales Data: Every month in 2024 has shown year-over-year growth in RV sales. - Expanding Demographics: More millennials and remote workers are embracing the RV lifestyle. - Introducing New Technology & Marketing: Many parks are underutilizing advanced technologies and marketing strategies. With a long-term outlook that remains extremely favorable, we believe the RV market is poised for a boom. For more in-depth insights and our strategic outlook, check out our full article here: https://lnkd.in/gNuu_FCy #RealEstate #RVMarket #InvestmentOpportunities #OutdoorHospitality #EmergingMarkets #RealEstateInvestment #RVing #Camping #MillennialTravel