Sunrise Capital Investors Expands Fort Wayne Presence, Adding Nearly 100 Units to Growing Mobile Home Park Fund
Sunrise Capital Investors has acquired the 94-unit Miami Village Mobile Home Park in Fort Wayne, Indiana, expanding their Growth & Income Fund 4’s Indiana presence to 832 units total. Clearwater, FL / Sunrise Capital Investors LLC (“Sunrise Capital“), a nationally recognized leader in mobile home park and parking lot investments, has successfully acquired Miami Village Mobile Home Park (“Miami Village”) in Fort Wayne, Indiana, through an all-cash transaction. This all-ages community adds 94 units to Sunrise Capital’s expanding Fort Wayne portfolio, where the firm now controls over 830 spaces—now leveraging significant economies of scale within their Growth & Income Fund 4. “Expanding our Fort Wayne operations with Miami Village is a major strategic win,” said Kevin Bupp, Founder and CEO of Sunrise Capital. “This acquisition continues our successful track record with the seller, who has worked with us in three prior community sales. Miami Village strengthens our position in a high-growth market, and with rents nearly $100 below market, we see incredible upside potential for our investors.” Miami Village was acquired from a repeat seller who commented on the transaction: “I was very satisfied with how you handled the transactions and that you were fair, stayed committed, and followed through with what you said you were going to do.” This all-cash deal further exemplifies Sunrise Capital’s ability to execute smoothly and efficiently, maintaining trust with key partners. As part of its commitment to improving the local community, Sunrise Capital is proud to support Mission 25, a faith-based organization dedicated to providing resources and services to underserved communities, by providing free lot rent to the Miami Village Community Center, which offers programs like after-school activities, job training, and counseling to residents. Brian Spear, Co-Principal and CIO, noted, “Miami Village aligns perfectly with our investment thesis. By addressing the below-market rents and operational inefficiencies, we anticipate strong cash flow growth and long-term value creation. With a projected equity multiple of over 3x, this property will continue to provide our Fund 4 investors with excellent returns, helping them build true legacy wealth.” About the ProjectSunrise Capital’s strategic plan for Miami Village includes adjusting lot rents closer to market rates, enhancing property aesthetics and infrastructure, and improving operational efficiency. These efforts are expected to significantly boost Net Operating Income, delivering a yield on cost of 8.5%. This acquisition, completed with a significant margin of safety, positions the firm for sustainable growth in the years to come. “We’re thrilled to add Miami Village to our portfolio at such favorable terms,” added Bupp. “This deal not only reinforces our dominant position in the Fort Wayne market but also sets the stage for continued cash flow and value growth for our investors.” About Sunrise Capital Founded in 2014, Sunrise Capital Investors is a Florida-based real estate private equity firm specializing in mobile home park and parking lot investments. Sunrise Capital’s mission is to deliver strong cash flow and build legacy wealth for investors by acquiring and improving undervalued assets in attractive markets. With a track record of reliability and consistency, Sunrise has successfully distributed on-time cash flow for over 27 consecutive quarters, without any capital calls, delays or investor capital lost. Media Contact Kirk Zandierkzandier@scinvestors.com412-651-5093
Sunrise Capital Investors Closes on $16,390,000 Fort Wayne, Indiana Mobile Home Community As First “Fund 4” Acquisition
Sunrise Capital Investors, LLC celebrates the $16,390,000 acquisition of Ridgebrook Hills Mobile Home Community in Fort Wayne, IN, marking the first acquisition for their Growth and Income Fund 4. This strategic purchase of the 738-unit asset aligns with their investment thesis, promising consistent cash flow and long-term growth. Clearwater, FL / Sunrise Capital Investors LLC (“Sunrise Capital”), nationally known for its excellence in mobile home park and parking lot investing, celebrated the $16,390,000 acquisition of Ridgebrook Hills Mobile Home Community (“Ridgebrook”) in Fort Wayne, IN in December, 2023. This 738-unit asset is the first acquisition in Sunrise Capital’s Growth and Income Fund 4, opened in November of last year. Ridgebrook is a highly-strategic acquisition, chosen for its attractive size, proximity to excellent, institutionally-owned properties, and the strength of the growing Fort Wayne market. “This is an exciting moment for us,” Kevin Bupp, Founder and CEO of Sunrise Capital, remarked. “The sheer magnitude of this park, paired with a strong opportunity for rent growth in this market, will pay dividends for our investors,” Bupp added. Brian Spear, Co-Principal and CIO, chimed in: “We’re excited to kick off Fund 4 with a property that totally aligns with our investment thesis – and checks all the boxes for our Infinite Return model. We’re looking forward to providing Fund 4 investors consistent cash flow for years to come” Fund 4 is designed to follow the successful blueprint of its predecessors, with a focus on assets that offer both immediate cash flow and long-term growth potential. The firm’s previous funds have demonstrated over 24 quarters of on-time, as-promised cash flow distributions, without any capital calls or delays – a testament to Sunrise Capital’s reliability and consistency. About Sunrise Capital Investors Founded in 2014, Sunrise Capital Investors is a Florida-based real estate private equity firm committed to generating cash flow and building legacy wealth for its investors through commercial real estate investing. Their strategic investment in high-quality real estate assets is designed to deliver attractive, risk-adjusted returns over a long-term holding period through the power of mobile home communities and parking lot assets. Media Contact Brian Spearbrian@scinvestors.com(833) 227-4359
Sunrise Capital Investors Launches Fund 4 with a Landmark Acquisition in Northern Indiana
Sunrise Capital Investors launches Growth and Income Fund 4 with an institutional-grade mobile home park acquisition in Northern Indiana, continuing its successful investment strategy in mobile home parks and parking lots for long-term investor wealth generation. Clearwater, FL / Sunrise Capital Investors LLC (“Sunrise Capital”), a national leader in mobile home park and parking lot investing, proudly announces the launch of their Growth and Income Fund 4, marked by a substantial acquisition of a 700+ unit mobile home community in Northern Indiana. This pivotal move builds on the success of Funds 1-3 and reflects Sunrise Capital’s commitment to sustainable, long-term wealth generation for its investors. Kevin Bupp, Co-Founder of Sunrise Capital, expresses confidence in the new fund: “The initiation of Fund 4 is a key moment for us. We’re leveraging our track record of success – including the 100% return of investor capital from our first two funds and the ongoing lifetime cash flow from all three funds. This new acquisition is set to be a cornerstone of Fund 4, continuing our tradition of delivering robust and consistent returns to our investors.” The mobile home community in Northern Indiana is a strategic acquisition, chosen for its strong economic potential and alignment with Sunrise Capital’s unique investment approach. This approach, focusing on long-term capital protection and lifetime cash flow, has been key in navigating various market conditions, including the Covid pandemic and current high-interest rate environment. Brian Spear, Co-Founder, adds: “Our strategy has proven to be shock-proof in different economic scenarios. With Fund 4, we are emphasizing this resilience, aiming for infinite cash flow through direct ownership of high-quality assets. We intend to hold these assets indefinitely, ensuring sustainable wealth generation for our investors.” The investment in Northern Indiana is particularly significant in the current market. “This deal represents an opportunity typically targeted by institutional buyers like BlackRock and large, public-traded REITs” says Kevin Bupp. “However, the current market dynamics have provided us a golden opportunity to step in and secure this promising asset.” Fund 4 is designed to follow the successful blueprint of its predecessors, with a focus on assets that offer both immediate cash flow and long-term growth potential. The firm’s previous funds have demonstrated over 24 quarters of on-time, as-promised cash flow distributions, without any capital calls or delays – a testament to Sunrise Capital’s reliability and consistency. In closing, Brian Spear remarked, “We look forward to continuing our journey of growth and success with Fund 4. Our commitment to delivering exceptional value to our investors remains stronger than ever, and we are excited to see this new fund become a new benchmark of excellence for ourselves and our investors.” About Sunrise Capital Investors Founded in 2014, Sunrise Capital Investors is a Florida-based real estate private equity firm committed to generating cash flow and building legacy wealth for its investors through commercial real estate investing. Their strategic investment in high-quality real estate assets is designed to deliver attractive, risk-adjusted returns over a long-term holding period. Media Contact Brian Spearbrian@scinvestors.com(833) 227-4359
Sunrise Capital Investors Announces Major Investment in Downtown Phoenix with Strategic Acquisition of Luhrs Parking Garage
Sunrise Capital Investors LLC has expanded into downtown Phoenix with the acquisition of the iconic Luhrs Parking Garage. The company plans to optimize operational efficiency to enhance the garage’s value while providing a quality experience for patrons and stable, predictable income for their investors. Tampa, FL / Sunrise Capital Investors LLC (“Sunrise Capital”), a private real estate firm specializing in niche asset classes such as parking facilities, has begun its expansion into downtown Phoenix, Arizona with the strategic acquisition of the Luhrs Parking Garage. The historic, Class-A property is a well-known landmark in downtown Phoenix and is situated near the Phoenix Suns and Arizona Diamondbacks stadiums. The Luhrs Parking Garage is one of the featured acquisitions within Sunrise Capital’s “Growth and Income Fund 3” portfolio, which consists of multiple real estate assets and other high-performing parking facilities in diverse markets across the country. Kevin Bupp, Co-Founder at Sunrise Capital Investors, commented on the acquisition, “We’re thrilled to enter this fantastic market with the purchase of such an iconic and perfectly situated property – and the Luhrs Garage is hopefully just the first one. We’re committed to developing a strong presence in this and similar markets, leveraging our unique expertise in parking lot investing and operations.” When it came available, the Luhrs Garage presented a unique and promising opportunity for Sunrise Capital. Co-Founder Brian Spear stated, “The intrinsic value of Luhrs Garage was undeniable. Its prime location and proximity to top-tier restaurants, major hotels, sports arenas and the newly-renovated Maricopa County Courthouse make it an exciting addition to our expanding Fund 3 portfolio – and of course we’re honored to carry on the legacy of this landmark property.” Immediate plans for the garage include adjusting parking rates to align with city-wide standards and optimizing operational efficiency. Bupp added, “The adjustment in rates, along with our drive to enhance operational effectiveness, will immediately impact our bottom line. We foresee an efficient, quality experience for parking patrons – and a significant increase in net operating income and overall value for our investors.” Long-term plans for Luhrs Garage show Sunrise Capital’s commitment to the city. Spear elaborated, “We’re planning to retain ownership of this strategic asset for decades, leveraging the high demand for quality parking facilities in downtown Phoenix. This acquisition aligns perfectly with our strategy to provide stable, predictable income for our Fund 3 investors.” Bupp went on to emphasize the strategic importance of the new acquisition: “Luhrs Parking Garage aligns seamlessly with the existing assets in our Growth and Income Fund 3. The Fund is structured to yield superior risk-adjusted returns over a long-term horizon. With these objectives in mind, the addition of Luhrs Parking Garage to our portfolio exemplifies our commitment to helping our investors achieve legacy wealth.” About Sunrise Capital Investors Founded in 2014, Sunrise Capital Investors is a Florida-based real estate private equity firm committed to generating cash flow and building legacy wealth for its investors through commercial real estate investing. Their strategic investment in high-quality real estate assets is designed to deliver attractive, risk-adjusted returns over a long-term holding period. For additional information, please visit Sunrise Capital’s website at https://SunriseCapitalInvestors.com. Media Contact Brian Spearbrian@scinvestors.com727-244-1460
Sunrise Capital Investors Expands Fund 3’s Successful Mobile Home Park Asset Base with Twin Cities Acquisition
A major win for Fund 3 investors, with 30% return on equity, day one. Tampa, FL / Sunrise Capital Investors LLC (“Sunrise”), a private equity investment firm targeting niche real estate sectors, recently announced the acquisition of the Park Estates Mobile Home Community in St. Paul, MN. Park Estates is the latest addition to the company’s Growth and Income Fund 3, which consists of a diversified portfolio of mobile home parks and parking facilities. “We’re very excited to begin our process of renovating and modernizing Park Estates for the hardworking folks in the Twin Cities area. The property holds plenty of potential for our team to add tremendous value for both the tenancy and our investors,” remarked Kevin Bupp, Co-Founder at Sunrise. “At a time when affordable housing is increasingly difficult to find, we’re proud to provide folks in St. Paul with a fantastic option – and help our investors benefit from the cash flow this wonderful property will generate.” Park Estates was purchased for nearly $1 million below the appraised value – resulting in a 30% return on equity, day one. “As a result of our team, processes, and operations, we expect to more than double investors’ equity in just a few short years,” Co-Founder Brian Spear remarked. “This is a major win for our Fund 3 subscribers.” “The stars aligned for us to jump on Park Estates and do what we do best. The rents were 30% below market value – and the property is in a great location, with good bones and plenty of potential for our light value-add process to make them shine,” Bupp added. “Park Estates is joining several other properties – similarly purchased off-market, directly from previous ownership – in our Growth and Income Fund 3. The Fund is designed to produce outsized risk-adjusted returns for our investors over a long-term hold period that will ultimately generate legacy wealth and long-term cash flow. We consider Park Estates to be the perfect addition,” Spear remarked. With Fund 3, Sunrise plans to continue improving and providing affordable housing for working families across the United States. About Sunrise Capital Investors Founded in 2014, Sunrise Capital Investors is a Tampa-based real estate private equity investment firm focused on helping investors generate cash flow and build legacy wealth through commercial real estate investing. Sunrise’s goal is to invest in high-quality real estate assets that will generate attractive risk-adjusted returns over a long-term holding period. For additional information, please visit Sunrise’s website at www.SunriseCapitalInvestors.com. Media Contact Brian Spearbrian@scinvestors.com727-244-1460
Sunrise Capital Investors Launches $25mm Build-to-Rent Investment Fund
Clearwater, FL / Sunrise Capital Investors LLC (“Sunrise”), a private equity investment firm targeting niche real estate sectors, recently announced the launch of its fourth investment fund, SCI Phoenix Build-to-Rent Fund 4 (“Fund 4”). With the new $25mm fund, Sunrise will construct Class A, top of the line build-to-rent (BTR) communities in the Phoenix, AZ MSA to meet the skyrocketing demand for quality housing. “We’re thrilled to be providing premium townhome communities to the hardworking folks in Phoenix. For all of the millennials ready to transition from the multi-unit apartment complex experience to something with a little more breathing room, BTR is the best game in town.” remarked Brian Spear, CIO at Sunrise. “Plus, we’re providing passive real estate investors with brand new Class A units that cashflow far better than homes built decades earlier.” “There’s a reason we’re seeing billions of institutional dollars flowing into the build-to-rent segment,” remarked CEO Kevin Bupp, when asked for his thoughts on the recent build-to-rent phenomenon. “Out of any property type, build-to-rent assets are projected to produce the highest risk adjusted return,” Bupp continued. “In an inflationary environment like ours, there’s no better asset class to rely on.” Spear added, “Much like our prior funds, we feel Fund 4 will deliver attractive risk-adjusted returns for our investors over a long-term hold period that will ultimately generate legacy wealth. We are extremely well-positioned to capitalize on the BTR opportunity in Phoenix due to our spotless development track record, strong relationships with local legislators, and inside tract over the best pieces of zoned land.” With Fund 4, Sunrise plans to meet head-on the greatest supply and demand imbalance in U.S. real estate history by providing the emerging class of Millenial and Gen Z professionals with top-tier single-family townhome communities in Phoenix. About Sunrise Capital Investors, LLC Founded in 2014, Sunrise Capital Investors is a Tampa-based real estate private equity investment firm focused on helping investors generate cash flow and build legacy wealth through commercial real estate investing. Sunrise’s goal is to invest in high-quality real estate assets that will generate attractive risk-adjusted returns over a long-term holding period. For additional information, please visit Sunrise’s website at www.SunriseCapitalInvestors.com. Media Contact Brian Spearbrian@scinvestors.com727-244-1460