The Pikewood Playbook
Building value by transforming underutilized mobile home communities into high-performing investments.
The Process
A Proven Investment Strategy
At Pikewood Capital, we focus on steady, reliable growth through a disciplined, research-driven approach to managing assets, tailored for resilience across market cycles.
Buy Undervalued Mobile Home Parks
We leverage our deep industry relationships with brokers and aggressive direct-to-principal off-market deal sourcing strategy to find, evaluate, and acquire the best opportunities in key Midwest markets
Increase Revenue
By making strategic property improvements, we enhance the resident experience and earn full market rents. By installing submeters and billing residents back for their utility usage, we're able to recapture expenses--driving NOI and encouraging conservation
Increase Occupancy
We drive occupancy though our aggressive home sales and rehab programs. We're proud to deliver much needed quality, affordable housing! We are 100% vertically integrated--we can move, install, rehab, and sell new and used homes in-house, giving us a competitive advantage in home sales and infill.
Increase Efficiency
Our seasoned property management team implements best practices in collections, property maintenance, and technology driven expense controls to ensure efficiency throughout our portfolio. Our experienced project management team ensures that capex and R&M arecompleted on time and within budget.
Exit-Refinance or Sale
After implementing our value add plan, we refinance into attractive, long term Agency or CMBS debt, or we pursue an opportunistic sale after a 5-7 year hold period