#USA #Clearwater #Sunrise Capital #Courtyard Estates #Fund 5

Sunrise Capital's Strategic Acquisition: A New Chapter Begins

Sunrise Capital Investors, a prominent player in the mobile home community sector, has made headlines with its latest announcement regarding its Growth Income Fund V. The firm is proud to reveal the acquisition of Courtyard Estates, a well-established mobile home community located just outside Columbus, Ohio. Comprising 67 age-restricted sites, this community is set to become the first asset in Fund 5, marking a significant step forward in Sunrise Capital's investment strategy.

A Strong Start for Fund 5

Courtyard Estates stands out not only for its strategic location but also for its excellent performance metrics. With stable occupancy rates, robust tenant collections, and entirely tenant-owned homes, this community offers a solid foundation for generating predictable income. Kevin Bupp, the Co-Founder of Sunrise Capital, emphasized the importance of this acquisition, stating, "Courtyard Estates is a well-established community with a long history of resident stability... It's the type of asset that allows us to enhance operations, improve infrastructure, and steadily grow value over time."

Future Plans and Additional Acquisitions

In an exciting reveal, Sunrise Capital has also disclosed plans to onboard five additional mobile home communities into Fund 5 this month. These properties are set to undergo operational improvements and management upgrades, aiming to enhance income potential effectively. Brian Spear, another Co-Founder, highlighted the prospects for growth, noting, "These five communities each have levers we can pull... Our approach is straightforward operate well, reinvest where it matters, and create an environment where both residents and the Fund benefit from consistent improvements."

This strategic acquisition approach underscores Sunrise's determined focus on sustainable investing rather than immediate profits. By concentrating on communities that offer below-market rents or have untapped potential, the firm is uniquely positioned to drive performance in manageable, disciplined methods while maintaining resident satisfaction.

Long-Term Strategy for Passive Income

Sunrise Capital's mission with Fund V emphasizes the generation of long-term passive income. The firm plans to maintain ownership of essential housing assets for extended durations, ensuring stable cash flow and conservative value creation. Rather than relying on quick market fluctuations, this fund is structured to deliver performance through careful operational management and gradual enhancements across its portfolio.

As Sunrise Capital progresses with the remaining acquisitions, the firm anticipates further announcements regarding these closings in the upcoming weeks. With over $350 million in assets under management and more than $1 billion in transactions since its inception, Sunrise Capital is poised for continued growth and success in the mobile home sector.

Conclusion

The acquisition of Courtyard Estates signals not just the initiation of Fund 5 but also Sunrise Capital's commitment to creating value for residents and investors alike. As the firm gears up for further expansions, it remains focused on enhancing its communities, ensuring that they meet the needs of their residents while providing stable income streams for investors. With strategic initiatives and a clear vision, Sunrise Capital is set to thrive in the evolving landscape of mobile home investments.