Sell Your Park

Sell your park

Make ROC USA® your Exit Strategy

When the time comes to sell your mobile home park, you likely have many options. A sale to the homeowners is as timely and efficient as any other commercial transaction.

Community owners need only provide the opportunity for a resident purchase. ROC USA and your tenants will do the rest.

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Nationwide

Our ROC USA Direct team and Network affiliates are ready to serve

ROC USA provides:

Recent Sales to Residents

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Breezy
Acres

Colchester, Vermont
$11,000,000
191 Home Sites
Closed 2/9/2022

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Liberty
Landing

Liberty, Missouri
$8,580,000
185 Home Sites
Closed 12/17/2021

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Selah Hills
Cooperative

Selah, Washington
$5,550,000
104 Home Sites
Closed 6/30/2021

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Animas View
MHP

Durango, Colorado
$14,000,000
120 Home Sites
Closed 6/21/2021

Members of Sans Souci Cooperative, a 62-site ROC in Boulder, Colo., purchased their community in June 2021 for $3.3 million.

Motivated Buyers

Your buyers have one goal: gaining ownership of the land underneath their neighborhoods. Resident groups are looking for reasons to buy, not reasons to back out. This makes them uniquely willing buyers, which is why 98 percent of contracts between sellers and resident groups reach the closing table. 

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Efficient Process

  • Permission

    With your permission, and only with your permission, ROC USA® and its affiliates will examine the feasibility of the transaction. If it looks promising, they will take the opportunity to the homeowners in the community and explain the purchase process. If there’s interest, we will guide the residents through the purchase process.

  • Financing

    ROC USA and its affiliates nationwide are equipped with a dedicated, specialized financing source: ROC USA® Capital, whose sole line of business is lending to Resident Owned Communities.

  • Closing

    After the deal is signed, we'll stand by the residents. For at least the length of the mortgage, technical assistance providers will deliver ongoing coaching and expertise on running the Resident Owned Community like any other successful business.

Members of Halifax Estates, a 430-site ROC in Halifax, Mass., purchased their community in 2017 for $27 million.
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A Lasting Legacy

Selling to the homeowners can also help create a legacy. Land ownership is the first step toward a future of asset building and financial security that has eluded so many low- and moderate-income workers and families. This type of sale provides tax benefits in some states as well.

Testimonials

"Frankly, we can’t come up with any reason why a community owner would not want to sell to the residents over an outside party.”
Frank Rolfe, SellerSold three communities to the residents:
Hillcrest Mobile Home Park (Clarks Grove, Minn.)
Pleasant Valley Estates (La Crosse, Wis.)
North Lamar MHC (Austin, Texas)
"If your price is ballpark market price, where others are willing to pay, then I think you can make a super compelling case to preserve the MHC for the long-term by selling to the residents. The sellers got a good price and assurances that the residents would be protected, which was a concern for them, as they had been burned before."
Guy Torelli, BrokerRepresented sellers of Buddy Dancer Homeowners Cooperative
Garden City, Idaho
"It’s good for the community, it’s good for the economy, it’s good for the residents, it’s good for the seller. It’s just a way to feel good about closing the transaction out in a way that is ethical, and I’d like to think it’s a little bit about leaving a legacy for the residents. I can’t wait to go back to Livingston in 10 years and watch that place develop and see what they do with it.”
George Nikolakakos, SellerView Vista Community
Livingston, Montana
“The business model that ROC USA has developed is superb. It was a different transaction in that you usually have to jump through a litany of different hoops in regard to banks and bank regulations. But that simply wasn’t the case here. I would certainly do it again, and I will.”
Joel Erlitz, Broker First Commercial Property Corp - Seattle
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ROC USA® Capital

Dedicated Financing for Resident Owned Communities

ROC USA® Capital is a national Community Development Financial Institution (CDFI). Its vital role is providing specialized financing that helps low- and moderate-income resident groups undertake due diligence and acquire their communities.

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1
MHCs Financed since 2008
$ 1 m
Financed
1 %
Contract-to-Close Ratio
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Our Service Area

ROC USA works from coast to coast. Regional nonprofits provide localized technical assistance and acquisitions expertise. Our ROC USA Direct team provides the same services in areas not served by a ROC USA® Network affiliate.

Serving California
Serving Oregon
Serving Connecticut, Maine, Massachusetts, Rhode Island & Vermont
Serving Colorado
Serving Southern Idaho
Serving Montana
Serving Iowa, Minnesota & Wisconsin
Serving New York
Serving New Hampshire
Serving Washington & Northern Idaho

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Ready to Discuss Your Exit Strategy?

Whether you’re ready to move on now or you’re just starting to think about selling, reach out today for a confidential conversation.

Contact Angela Romeo, Vice President of Acquisitions, at 603-513-2832 or aromeo@rocusa.org. 

You can also complete the form below to be contacted by an acquisitions specialist in your area.

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