I am seeking a partner to acquire a 57-pad park, to serve as the flagship site for my BrightLit Homes Rent-to-Own (RTO) community. Our mission is to disrupt the cycle of “forever renting” by providing a pathway for residents to gain equity in a high-quality tiny home that they can eventually move to their own land.
The Opportunity
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The Asset: $1,650,000 purchase price with an 8.04% going-in Cap Rate.
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The Expansion: 14 vacant, utility-ready pads (200-amp electric, gas, water) ready for immediate infill.
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The Location: Near the Bloomington/Normal Area of IL
The BrightLit Advantage (Our Business Model)
This is more than a mobile home park; it is a residential incubator.
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Equity Building: Residents enter an RTO contract for a BrightLit tiny home. A portion of their payment goes toward ownership of the structure.
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Asset Portability: Because these units are removable, we empower residents to eventually transition out of the community and onto their own private land once they’ve built the necessary equity and credit—minimizing their long-term living expenses.
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Sustainable Turnover: This model creates a consistent “on-ramp” for new families, keeping our 14 expansion pads in high demand and maintaining 100% occupancy.
Why This Wins for Investors
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Recession-Resistant: Affordable housing is the most stable asset class in a volatile economy.
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Low Overhead: 100% Tenant-Owned Homes (TOH) or RTO-contracts means the park carries zero maintenance liability for the home interiors.
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The “Equity Pop”: Filling the 14 vacant pads increases the annual NOI significantly. Based on current lot rents ($380) plus the BrightLit RTO fee, we are looking at a projected 14.93% Cap Rate upon stabilization.
Due Diligence Ready
I have the full Offering Memorandum, detailed rent rolls, and the BrightLit Homes framework ready for review. I am looking for a capital partner for the $412,500 down payment and initial expansion phase.
Are you ready to invest in a model that scales profits by solving the housing crisis?