Trinity Meadows Manufactured Housing Community

A value-add community with room to run

Trinity Meadows is a 142 pad manufactured housing community with below-market lot rents, utility bill-back upside, and vacant pads available for infill. The community serves residents who own their homes and rent the land beneath them, which supports low turnover and steady occupancy.

The plan is to operate the asset professionally, capture income that is currently being left behind, and add homes to unused pads over the hold. Each of these levers is common in the manufactured housing space and each is within the scope of a hands-on operator.

Four steps over the hold

Stabilize operations under professional management, implement a utility bill-back program so residents pay for the water, sewer, and trash they use, fill vacant pads with new homes to grow occupied pad count, and bring lot rents toward market as leases renew. Each step is phased so the community stays affordable to its residents while income improves.

Demand rooted in the DFW metro

The Dallas Fort Worth metro continues to add population and jobs, and that growth has pushed housing costs higher across the region. Manufactured housing is one of the few attainable ownership options left for many households, which drives steady, needs based demand for well-run communities.

New community supply is limited. Local zoning rarely permits new manufactured housing communities, so existing, well-located parks are difficult to replace. That scarcity supports occupancy and gives an operator room to improve an asset that is already in place.

At a glance

Track record and attribution

Any prior performance referenced in connection with a community of this type reflects the work of a third party operating sponsor and is provided in the offering materials for context. It describes the history of another party and is not attributable to Openway Investments. Prospective investors should review the offering materials in full and rely on the definitive documents rather than on any summary shown here.

Prior performance is that of a third party operating sponsor, provided in the offering materials, and is not attributable to Openway Investments. Past performance is not a guarantee of future results.