1. Palace Way Mobile Home Park
Investment opportunity

2. A Senior Living Mobile Home Park
A Senior Life Style Community

3. Palace way Partners Presents A Senior Living Mobile Home Park Development
The first Senior Life Style Park in San Antonio.
The first Mobile Home Park (MHP) development that you get a chance to invest in.
An Investment Opportunity that can make Double Digit returns.

4. An Old Investment opportunity is Back
In the 1950’s & ’S building a Mobile Home Park was like printing money, now you can participate.

5. You can double your money in 5-years
Earn 12% to 20% Plus Returns
You can double your money in 5-years

6. Today the numbers work!
Every now and again the real estate forces converge to create a super good investment opportunity. In the 1980’s and 1990’s that was mini storage, in the ’s that was apartments. 
Today It Is Mobile Home Parks
Limited Time To Invest

7. Building a class “A” park
The project is a new Class “A” development of a Senior Life Style Mobile Home Park (MHP) in fast growing San Antonio, Texas.
The MHP will consist of 100 to spaces.
Amenities include, Club House, Tennis, Basket Ball, Community Garden, Shuffle Board, Gym, Playground and more.

8. Located in South San Antonio
Great Location near shopping, colleges, restaurants, hospitals and other amenities
Good growth area in the fastest growing city in the USA
Age 55 age restricted

9. Great returns for you Provide the highest monthly lot rental rates.
Senior living MHP’s have the lowest residence turnover
Provide the highest monthly lot rental rates.
Are the easiest parks to manage
Senior living parks bring the highest price on resale.

10. You get double digit Returns
I’m seeing an opportunity to make huge returns in a high demand industry.
An opportunity to Double or Triple your equity investment in years.
The first such opportunity in three decades.

11. 96% Occupancy rates in the metro
All the nicer, larger MHP are full and have waiting list.
Cost to rent a Mobile Home space is up, making new park development profitable again.
Demand for Quality Mobile Homes spaces to rent is growing.

12. Mobile Homes are affordable housing
New home construction and development cost has made traditional housing a stretch for many families.
When a down turn in the economy occurs, the business of Mobile Homes parks, strengthens.
Cost to run a MHP is less than the cost to run an equivalent apartment building, making MHP investing more profitable for investors.

13. Park space Rental Demand
Demand from Seniors, looking for a Senior Living Life-Style Mobile Home Park is up and growing.
Demand for an affordable alternative to renting an apartment is increasing.
The quality of Mobile Homes has greatly improved over the past 30 years.

14. Project time line
Based on a similar MHP that expanded in the last 3-years that added 278 spaces having leased them up in less than 36 months.
We estimate a total project time line from start to lease up of months.
The total time line from construction start to sale or refinance of the project is estimate at 5-7 years

15. Development will be in 2-Phases
Phase one: will be 50 spaces and contain the park’s common area infrastructure, office space, signage, and residence amenities.
Phase 2 : will contain spaces to be constructed as the leases the earlier phase. 

16. Palace Way Lot Rents:
Using information from similar parks in the Metro area.
Palace Way MHP Lot rents will start at $450 a month rising to $600 over 3-years
Existing Park Lot rents range from $375 a month to $550 a month.
The high end of the scale was for a mobile home rental pad site for a single or double wide home, with an 8’ X 8’ storage shed, two or three parking spaces, in a well maintained park with amenities.

17. Projected income & cost:
Projected Income: The park’s rental income when leased up will be $768,000 per year, net revenue will be $519,000. Producing a free cash flow of $288,000.
Projected Cost: The Park will cost $4,200,000* to develop, of which % will be financed. (*Including carrying cost to lease up.)

18. Park Revenue Sources
80% of revenue will be from Mobile Home Space rentals
10% of revenue will be from renting homes or financing homes for buyers.
10-15% of revenue will be from other sources, such as RV storage rental, club house rental, MH sales.

19. The Park’s value when completed and leased up will be.
$8,000,000 at a 6.5% cap rate at lease up.
$6,500,000 at an 8% cap rate at lease up.
If the MHP is sold at the end of 5-7 years the investors total annualized project return would be.
15% - 44% if sold at an 6.5% cap rate
15% - 30% if sold at an 8% cap rate

20. Exit Strategies
#1Sell The Park: We sell the park and Investors get their investment returned and their % of profit from the sale.
#2 Refinance: We refinance giving investors their investment back and everyone keeps their cash flow.

21. Palace way mobile home park
A Private Equity LLC.
Development of a Senior Living Mobile Home Park.
For Accredited Investors.
A 5-7 Year Investment.
$25,000 Minimum Investment, $100,000 average investment.
Raising a maximum of $1,500,000.
To developed a $4,200,000 Mobile Home Park.
With a projected profit when fully operational of $519,000.
A goal of a 20% per year return on investor equity cash invested.

22. Limited time to invest….
You can participate…
I hope I have peaked your interest.
We would love to have you as an Investor. 
  If You have an interest in participating in this Mobile Home Park investment opportunity please contact me.
James Glasgow  

23. Disclosures..
This is not an offer to sell or a solicitation of any offer to buy any securities. Offers are made only by Prospectus or Private Placement Memorandum, or other offering materials. To obtain further information, you must complete our investor questionnaire and meet the suitability standards required by law.

24. James E. Glasgow 35 years Real Estate investing experience.
Real Estate experience in residential, commercial, owner finance, remodeling, construction and business management.
Owner Gem Rentals LLC
Real Estate Book Author
Real Estate Instructor
40 years business management experience.
James E. Glasgow