Making Millions at Trailer Parks

Making Money at Mobile Home Parks

Whether trailer and mobile home parks ever dispel the image as a homes for trailer trash, investors say they have struck gold in those rundown pieces of real estate.   With a heavy dose of contrarian thinking, teams of investors are amassing money to buy up these parks in the belief that there’s money to be made.

Jefferson Lilly is one of those investors and it not the mom and pop business of mobile home parks of years past.

Owning A Trailer Park

He runs Park Street Partners which owns parks from coast-to-coast valued in the tens-of-millions.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital acquiring and operating mobile home parks. Before becoming an investor full-time, Jefferson spent nine years in sales leadership roles with several venture- backed startups in Silicon Valley. Jefferson has been featured in The New York Times, Bloomberg Magazine, and on the ‘Real Money’ television show. He holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business.

He talks with Bloomer Boomer about the opportunity he envisions in an investment that has until now has been shunned by moneyed investors.

Category: Videos