Invest in Florida Manufactured Housing
Partner with an experienced operator to access one of real estate's most resilient and high-yielding asset classes in Central and Northern Florida.
What We Offer Investors
Starkey Real Estate and Development provides accredited investors with access to manufactured housing community investments in Florida. We handle every aspect of the deal cycle: sourcing, underwriting, acquisition, repositioning, and ongoing management.
Our investors benefit from a vertically integrated platform where the people managing capital are the same people managing properties. This alignment creates better outcomes and greater accountability.
- Co-investment alongside our own capital
- Monthly and quarterly financial reporting
- Direct access to managing principals
- Deal-by-deal investment structuring
- Property visit invitations
- Conservative underwriting approach
- Long-term hold orientation
Our Ideal Investment Partner
We work best with partners who share our long-term perspective and value transparency over flash.
Long-Term Investors
Partners who understand that manufactured housing value creation happens over years, not months. Patient capital wins in this asset class.
Accredited Individuals
High-net-worth individuals and family offices seeking diversification into a recession-resilient real estate sector with strong cash flow characteristics.
Engaged Partners
Investors who value access and transparency. We welcome questions, property visits, and active dialogue about strategy and performance.
Central and Northern Florida Demand Drivers
Population Growth
Florida continues to be one of the fastest-growing states in the nation. Central and Northern Florida counties benefit from domestic migration, retiree relocation, and employment growth.
Affordable Housing Shortage
Rising home prices and construction costs have made manufactured housing one of the only viable options for workforce and attainable housing in many Florida markets.
Limited New Supply
Zoning restrictions and development costs make it difficult to build new manufactured housing communities, creating a natural moat around existing assets.
Investment Parameters
| Criteria | Details |
|---|---|
| Asset Type | Manufactured Housing Communities |
| Geography | Central and Northern Florida |
| Community Size | 50 - 500+ lots |
| Hold Period | 5 - 10+ years |
| Investment Structure | Deal-by-deal or programmatic partnership |
| Minimum Investment | Varies by deal — contact for details |
| Investor Type | Accredited investors only |
| Operator Co-Investment | Yes — we invest alongside our partners |
How We Evaluate a Community's Value
Every acquisition starts with income capitalization — the same methodology institutional investors use to value manufactured housing communities. We analyze current NOI, market cap rates, and the gap between current and stabilized performance to identify where value can be created.
Our value-add thesis is straightforward: acquire communities with below-market occupancy or rents, improve operations, and capture the NOI growth as asset appreciation. The calculator below illustrates exactly how this math works.
See the Valuation MethodologyThe Value-Add Formula
A simple example of how operational improvement translates to asset value:
- 100-site community, 70% occupied at $500/mo
- Improve to 90% occupied at $575/mo
- NOI increases by ~$129,000/year
- At a 7.5% cap rate: +$1.72M in asset value
Investor Questions
We target 5 to 10+ year hold periods. Manufactured housing communities are long-term assets that perform best under patient, consistent management. We do not pursue short-term flips.
Yes. We invest meaningful personal capital in every deal. This alignment ensures that our incentives match those of our partners.
Investors receive monthly operational updates and quarterly financial reports. We also provide annual tax documentation. Direct access to our managing principals is always available.
Manufactured housing communities offer stable cash flows, low tenant turnover, limited new supply competition, and recession resilience. In Florida, these fundamentals are amplified by strong population growth and housing affordability challenges.
Our investment offerings are available to accredited investors as defined by SEC regulations. If you are unsure of your accreditation status, we are happy to discuss during our initial conversation.
Ready to Explore an Investment?
Let's start with a conversation about your goals and how manufactured housing fits your portfolio.