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Investment Snapshot
Saratoga MHC Communities
Highlights
Investment in Saratoga MHP Fund VII, LLC, a private equity Opportunity Zone Fund that purchases, recapitalizes and retrofits undervalued Manufactured Home Communities (MHCs). Fund to date has invested $30m+ in 25+ MHCs, modeling a 6% exit capitalization rate. With experienced teams and a track record since 2009, Saratoga Group Inc. has invested over $180m across diverse assets. The investment is structured alongside two partner family offices, with CVCOF-GP on the Fund Advisory Board.
Location | SW/MW USA |
Sector | Manufactured Housing |
Invested Equity | $ 1 M |
AUM | $ 1.1 M |
IRR | 18%+ IRR |
Annual Cash yields | 11.5% |
10-Year Projected Returns | 18%+ IRR |
Investment Date | March 2021 |
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