Leisure & Hospitality International - Fall 2013 - 89

Parkbridge Ca pital Group

www.pa r k b r id geca p ita l.co m H Q : Clea r wa ter, F la . Le e D . M e e kco ms ,
presi d ent / m anagi ng par t ne r : “ It ’s a g rea t lifes t y le fo r m u ch o f t h e 55- an do ld er d em o g ra p h ic; m a n y o f t h es e co m m u n it ies a re q u ite s p e ctacu l ar.”

Parkbridge says most of the Sunbelt properties are resort-style where residents enjoy active lifestyles.

‘Quite Spectacular’
Higher-quality manufactured home community and RV resort specialist Parkbridge
Capital Group offers great deals for investors and homeowners. BY JEFF BORGARDT
Mobile homes aren’t what they used to

niche, having arranged for the acquisi-

Many of the communities for which

be. And RVs aren’t the old RVs of yester-

tion and/or financing for more than 100

Parkbridge has facilitated the purchase

year. Over the past few decades, the

communities and RV resorts with 30,000

and financing – or provided asset or prop-

manufactured home industry has made

sites worth more than $1 billion since it

erty management, or owned – are Sun-

remarkable advances in improving qual-

was founded in 1987. The great majority

belt properties with residents living

ity and design, along with a dramatic rise

of these communities are age-restricted

onsite, generally for seasonal usage from

in luxury features, while the RV industry

for those 55 and older, and are the

October to April. In Florida and Arizona,

has a large component of “park-model”

upper-end of the spectrum of this prop-

occupancy during the off-season can be

homes – 400-square-foot “cottages” that

erty type in quality, appearance, services

only 10 to 20 percent; when residents re-

are set in-place and not moved – which

and amenities. Residents own the home

turn to their fair-weather, permanent resi-

sell for upwards of $30,000 to more than

and pay rent for the land, which includes

dences, community owners and asset

$100,000 in certain markets.

use of the infrastructure and facilities of

managers focus on maintenance, capital

the property.

upgrades and marketing programs. There

Parkbridge Capital specializes in this

Fall 2013 L e i s u r e a n d H o s p i t a l i t y I n t e r n a t i o n a l | w w w. l h i m a g a z i n e . c o m

89


http://www.lhimagazine.com

Table of Contents for the Digital Edition of Leisure & Hospitality International - Fall 2013

Contents
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Leisure & Hospitality International - Fall 2013 - Cover3
Leisure & Hospitality International - Fall 2013 - Cover4
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