Preserving and improving affordable housing since 2018.
Mavdon Capital acquires and optimizes value-add Mobile Home Communities in various markets throughout the United States.
Mavdon Capital acquires and optimizes value-add Mobile Home Communities in various markets throughout the United States.
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America has an affordable housing problem. The cost of homeownership, rent, insurance, construction, and land is constantly increasing at an alarming rate compared to minimum wages and median income. Manufactured housing fills an important gap, enabling residents to live in an established community and enjoy pride of ownership at a significantly lower cost than most conventional housing alternatives.
Yet many of these communities have suffered from decades of deferred maintenance, fragmented ownership, and aging infrastructure while facing constant pressure from municipalities that favor redevelopment, making distressed mobile home parks increasingly vulnerable to rezoning and displacement.
New mobile home communities are difficult to develop. Zoning restrictions, entitlement challenges, infrastructure requirements, land costs, and local opposition create significant barriers to new supply, which is why we are passionate about preserving and improving the diminishing supply of existing communities.
Our objective is straightforward: optimize operations and implement improvements to create communities where affordability and quality coexist.