52TEN

In this week’s 2-Minute Tuesday, 52TEN co-founder Nate Pattee shares an emotional story about a defining moment in the company’s early days. At 52TEN, integrity is not about what you do when everyone is watching. It is about what you do when no one is looking. Watch the full episode on YouTube as Nate explains how 52TEN differentiates themselves in the mobile home park investing industry: https://lnkd.in/e2HT3_KM #2MinuteTuesday #PassiveInvesting #RealEstateInvesting #MobileHomeParkInvesting

NOI is one of the clearest measures of property performance—and it starts with disciplined execution at the community level. For investors, that can mean stronger cash flow, improved asset performance, and long-term resilience. Watch this week’s 2-Minute Tuesday to see how 52TEN drives NOI across our portfolio: https://lnkd.in/ePtiJZNS #NOI #Operations #Investing #MHPInvesting

In this week’s 2-Minute Tuesday, we discuss what drives NOI at the park level and how 52TEN approaches profitability to drive portfolio performance and investor returns. Watch the full episode and subscribe on YouTube for more insights on mobile home park investing: https://lnkd.in/e63a6NQk #2MinuteTuesday #MobileHomeParkInvesting #MHPInvesting

Case Study – 52TEN’s Country Breeze 161 Spaces | Yuma, AZ | Mobile Home Park Overview Country Breeze was a direct-to-owner acquisition sourced through relationship-building with a California-based seller. The owner was highly motivated to close before year-end 2020 due to potential tax changes and a desire to redeploy capital back into California. Execution At acquisition, the property was ~95% occupied but operationally undisciplined. Approximately 75% of rent was being collected in the third and fourth weeks of the month—an unsustainable pattern allowed by prior management. Systems were manual, rules weren't enforced, and the community lacked structure. 52TEN implemented a full operational reset: professional management systems, clear rules and regulations, updated leases, and modern software. Shifting rent timing without disrupting occupancy required a measured approach. At the same time, we addressed deferred upkeep, removing over a dozen 40-yard dumpsters of accumulated resident clutter, and completing infrastructure upgrades including roads, signage, water meters, and more. Execution required resetting expectations around payment behavior, accountability, and community standards—while working to maintain trust. Loan note defaults added complexity, resulting in home take-backs that required additional management focus. Results Through disciplined execution, the property was transformed into the most desirable all-age community in Yuma. Revenue growth was driven by improved collections, utility bill-backs, home sales, and stronger operational consistency. What was initially a stabilized but under-managed asset became a high-performing, in-demand community—driven by operational improvement rather than market timing. Summary Country Breeze demonstrates that even high-occupancy assets can present significant operational upside. By focusing on systems, culture, and resident relationships, 52TEN converted an inconsistent property into a stable, professionally managed community. Lessons Learned This investment reinforced that undoing 20 years of poor management and reshaping community culture takes significantly longer than expected. However, consistent enforcement of rules, combined with transparency and improved systems, ultimately earns resident respect. Country Breeze highlights a core principle: long-term performance is driven by disciplined execution at the property level—especially when it requires rebuilding standards from the ground up.

In Episode 09 of 52TEN 2-Minute Tuesdays, Executive Vice President Sean King joins to discuss how we are currently implementing the 52TEN Gold Standard at all our communities to directly support operational performance and long-term asset value. You can watch the full episode and subscribe for more insights on mobile home park investing here: https://lnkd.in/gN-subqi #2MinuteTuesday #MobileHomeParkInvesting #MHPInvesting

Core values only matter if they’re experienced, not just stated. In this week’s 2-Minute Tuesday, 52TEN CEO Nate Pattee outlines the “Gold Standard”—how we define and apply our values to create a consistent experience for everyone interacting with our company. #CoreValues #TheBestExperience #MHPInvesting #2MinuteTuesday

We passed on an off-market deal near Atlanta. The numbers worked, but execution risk—especially around home sales and community condition—was too high. When outcomes depend on variables we can’t control with confidence, we walk. Discipline matters more than deal volume. #InvestmentStrategy #RiskManagement #Underwriting #SmartInvesting

In Episode 7 of 52TEN 2-Minute Tuesdays, we look at why 52TEN passes on many deals and what it means for real estate investors. If pricing, execution risk, and asset quality don’t align, the team walks away to protect investor outcomes. Watch the full episode and subscribe on YouTube for more insights on mobile home park investing: https://lnkd.in/gCiWmVBE #2MinuteTuesday #MobileHomeParkInvesting #MHPInvesting #RealEstateInvesting

We’re Hiring: District Manager (FULLY Remote) 52TEN is continuing to grow, and we’re looking for a strong, people-focused leader to oversee multiple communities and drive performance across a defined district. If you’re passionate about coaching teams, improving operations, and driving occupancy, sales, and resident satisfaction—we want to connect with you. This is a great opportunity to lead across multiple properties, partner cross-functionally, and grow into a Regional Manager role within a fast-moving, performance-driven environment. Join a team where leadership, accountability, and impact matter. 👉 Apply here: https://lnkd.in/gkznRDZa

At 52TEN, our acquisition strategy starts with market selection. The right market creates demand, supports infill, and drives long-term scalability across the portfolio. It’s not about doing more deals—it’s about doing the right deals in the right places. #MobileHomeParkInvesting #RealEstateInvesting #Acquisitions #InvestmentStrategy #MHPInvesting #PassiveIncome