March 3, 2023
Podcast Guest: There’s Still A Lot Of Big Gains To Be Had In Mobile Home Parks and Self-Storage
Podcast Host: Street Smart Success
Description: Unlike most other asset classes, Mobile Home Parks and Self-Storage facilities have maintained almost all of their value despite interest rates having skyrocketed over the past year. Rents in both asset classes have stabilized, but not decreased. From an investment perspective, these asset categories are still highly fragmented with greater than 70% owned by individuals or families. Matt Ricciardella, Principal and Managing Partner of Crystal View Capital, has mastered the art of acquiring these asserts off-market in secondary and tertiary markets. Matt has a large in-house team that manages all aspects of operations and has achieved historical internal rates of return greater than 30%.