Newly Acquired: 110-Site MHC in South Carolina

We’re pleased to announce the acquisition of our newest asset in Fund IV, a 110-site mobile home community located in Florence, South Carolina.

This property stood out immediately due to its significantly oversized lots—two to three times larger than the typical mobile home park site in the region. The added space creates a unique opportunity for long-term value creation through reconfiguration and potential expansion.

Currently, rents are well below market, approximately half the regional average, providing a clear path to upside through gradual adjustments over the next three years. Our business plan includes the addition of 15 brand-new homes, which we intend to sell on-site. Given the size of the lots, we’re also exploring the potential to double the community’s footprint over time.

Based on our initial underwriting projections, we are projecting:

• 19.6% IRR

• 2.9x MOIC

• 14% Cash on Cash by Year 6

This acquisition aligns with our strategic focus on value-add opportunities in the manufactured housing sector. For more details on the Florence, SC community or any of our active investments, feel free to contact us at invest@crystalviewcapital.com or schedule a call with us.

Interested in investing in Fund IV? Learn more here.

Disclaimer: The information contained herein reflects preliminary underwriting and forward-looking statements based on current assumptions, expectations, and projections. These projections are not guarantees of future performance and involve risks, uncertainties, and other factors that may cause actual results to differ materially. Past performance is not indicative of future results. This is not an offer to sell or a solicitation of an offer to buy any securities. Any investment in a private fund involves significant risk and is suitable only for accredited investors. Please refer to the private placement memorandum and consult your financial, legal, and tax advisers before making any investment decisions.