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Mobile Home & RV Park Investment Real Estate Services

CRE Brokerage Team of Rand Hoffman, John Wallace & Ryan Yanulevich
Contact

Rand Hoffman

Senior Vice President T 503.221.2286 LIC N° 01706303 (CA) rand.hoffman@kidder.com View Profile

Ryan Yanulevich

Associate T 858.369.3034 LIC N° 02429772 ryan.yanulevich@kidder.com View Profile

YOUR PARK SUCCESS PARTNERS

Most brokers know how to close a deal. We know every side of one.

Between ownership, institutional acquisitions, and brokerage, our team has lived the full arc of what it means to buy, sell, and operate a mobile home or RV park. We understand how serious buyers underwrite deals, what they scrutinize, and what causes transactions to unravel. We know what operators face day to day. All of that translates into a strategy that works for the owners we represent.

The people we work with run the full spectrum of this industry, from first-time sellers and family-owned parks to regional operators and institutional platforms. We work with buyers and sellers alike, and we serve as advisors at every stage of the process. Every situation is different, and we treat it that way.

 

 

Meet The Team

Rand specializes in the sale and acquisition of mobile home and RV parks across the Pacific Northwest and California, with transaction volume exceeding $260 million. Before brokerage, he spent nearly two decades owning and operating automotive repair businesses in San Francisco, then built his brokerage career as a top producer at CPX and Marcus & Millichap before joining Kidder Mathews. Being a business owner himself, Rand brings a perspective on what makes a park successful that goes beyond a standard pro forma. He is an active member of the Western Manufactured Housing Association, Manufactured Housing Communities of Oregon, and Manufactured Communities of Washington, and OHI (Outdoor Hospitality Industry). He currently holds licenses in Washington, Oregon, California, Idaho, and Nevada.

John specializes in the acquisition and disposition of mobile home and RV parks across the West, bringing a blend of ownership insight, corporate experience, and financial rigor to each transaction. Before entering brokerage, John spent nearly two decades at Intel in engineering, sales, and leadership roles, where he developed the analytical and relationship skills that now serve his clients. Alongside his corporate career, he built his own real estate portfolio across multiple states. As a park owner himself, he understands firsthand the needs and challenges owners face, as well as what buyers and investors are looking for in an acquisition. For many owners, a sale is both a financial and a personal decision, and John makes a point of navigating it on the client’s timeline and on their terms.

Ryan specializes in the acquisition and disposition of mobile home and RV parks across California and the western United States. Before brokerage, he built his career in commercial real estate acquisitions at AMLI Residential and Pacifica Companies, working on over $1 billion in transactions across multiple asset classes. Ryan focuses primarily on California, where rent control operates at the city level rather than statewide, an environment he understands from running his own real estate investment portfolio as well.

Mobile home and RV parks do not behave like other real estate. The income is land-based, the tenant dynamics are distinct, and the value drivers are specific to the asset class. That is precisely what makes them compelling for the right investor.

We work with experienced real estate investors entering the space for the first time, helping them understand the nuances, identify the right asset, and underwrite it accurately.

Areas of Expertise

  • Park Acquisition & Disposition
  • Valuation & Market Analysis
  • Investment Advisory
  • Exit Strategy Planning
  • Seller Financing Structuring
  • 1031 Exchange Coordination
  • Succession Planning
  • Business Planning
  • Maximizing Value through Income & Expense Analysis

Industry Insights

  • Insurance Optimization
  • Park Rules & Lease Updates
  • Management Software Solutions
  • Regulatory Compliance
  • Legislative Updates

Available Properties

Rand Hoffman, John Wallace & Ryan Yanulevich specialize in mobile home & RV park investment real estate services with a strategic focus across the Pacific Northwest and California.

Select Completed Transactions

Select Sale Transactions

Mobile Home
& RV Park Insights

Manufactured Housing Communities of Washington (MHCW) Annual Conference – May 2026

We had the opportunity to attend and present at the Manufactured Housing Communities of Washington (MHCW) annual conference last week in Suncadia, and wanted to share a brief summary of the key developments from the event.

MHCW Lawsuit Challenging Washington’s 5% Rent Control Law
In January of this year, MHCW filed a lawsuit challenging the MHP rent control legislation passed last year. The challenge rests on five legal principles: (1) Due Process, (2) Taking, (3) Contract Interference, (4) Equal Protection, and (5) Constitutional Favoritism/Lack of Parity. The first hearing is scheduled for July 17th in Spokane Superior Court and park owners are welcome to attend to demonstrate support.

Legislative Win: Certified Mail Requirement Removed
The MHCW lobbying team successfully passed a bill this session eliminating the requirement to deliver tenant notices via certified mail. This change takes effect in July 2026.

Our Presentation: Impact of Rent Control on Park Valuations
Our talk focused on how the rent control legislation has affected park valuations in Washington. Park prices dropped sharply following the bill’s passage in Q2 2025, but the market has since largely recovered to approximately 10% below pre-rent control levels. Additional details are available in the attached slide deck.
As always, it was valuable to connect with fellow park owners to discuss challenges, share best practices, and take the pulse of the market. Please don’t hesitate to reach out with any questions or if you’d like to learn more.

View Presentation
 

For archived reports, please contact the team.

Seller Financing 101

HIGHER SALE PRICE + MONTHLY INCOME

While other owners wait for bank approvals that may never come, seller financing lets you:

  • Command premium prices by solving the buyer’s financing problem
  • Create predictable retirement income with competitive interest rates
  • Close deals in weeks, not months
  • Choose qualified buyers based on track record, not just highest offer
  • Structure terms that work for your retirement timeline
  • Spread out capital gains through an installment sale, which may reduce your tax burden in any single year (consult your CPA for details).
HOW IT WORKS

You receive 10-30% down and finance the rest over 5-10 years at rates you set. You maintain first position on the property title for security. Professional documentation protects your interests throughout the term.

WHY PARKS ARE PERFECT

Mobile home and RV parks generate steady cash flow, making monthly payments reliable for buyers. Banks often struggle to understand these specialized assets, but you know exactly what drives your property’s value.

Wondering if seller financing is right for you? Let’s talk.

Testimonials

Lee Daugherty

What caught my eye about that conversation was your demeanor, your professionalism, and you didn't push but you ask...you gave me tremendous insight...so I wrote your name down because I remembered it.
---
What we appreciated about the process was number one was your integrity. You were always looking out for us at every obstacle. We not only felt that, we knew it—you proved it time and time again.

Frequently Asked Questions

How can Rand Hoffman, John Wallace, and Ryan Yanulevich help me maximize my park’s value before retirement?

Between ownership, institutional acquisitions, and brokerage, the team has lived the full arc of what it means to buy, sell, and operate a mobile home or RV park. We will walk through how to position your park’s value now, structure the transaction to fit your timeline, and plan for a secure income stream that supports your next chapter.

How do I find out what my mobile home or RV park is worth?

We provide comprehensive Broker Opinions of Value that account for current market conditions, your local regulatory environment, and your property’s unique attributes, so you have a clear, data-backed number before deciding on next steps.

I inherited a mobile home or RV park. What are my options?

Inheriting a park comes with decisions around valuation, ongoing management, and whether a sale makes sense. We help you understand each option and build a strategy tailored to your goals, whether that means holding, operating, or selling.

What is seller financing, and how does it work for a mobile home park sale?

Seller financing lets you command a premium sale price while creating reliable monthly income, instead of waiting on bank approvals that may never come. Typically, you receive 10 to 30 percent down and finance the rest over five to 10 years at a rate you set, while keeping first position on the property title for security. Mobile home and RV parks generate steady cash flow, which makes this structure especially reliable for both buyer and seller.

I have multiple owners or heirs with different objectives for our park. How do you handle that?

We specialize in crafting solutions that address diverse stakeholder needs, whether that means some parties want to sell and others want to hold, while protecting the overall value of the property for everyone involved.

Why are insurance costs rising for mobile home and RV parks, and what can owners do about it?

The insurance landscape for mobile home parks has become increasingly challenging. Carriers are reassessing risk profiles, and some are exiting the manufactured housing space entirely, with annual premium increases of 15 to 25 percent becoming common. Owners can respond by shopping carriers more frequently, considering higher deductibles, and implementing risk management strategies to help manage costs.

What estate planning mistakes should mobile home park owners avoid?

Well-meaning owners sometimes try to simplify succession by adding adult children to property titles or relying on informal agreements about future ownership. These approaches often backfire, creating tax complications, liability issues, and family conflict. Proper estate planning involves professional guidance, clear documentation of operational procedures, and honest family discussions, not assumptions about what family members want or can handle.

What should I look for when making my first mobile home or RV park investment?

Mobile home and RV parks do not behave like other real estate. Income is land-based, tenant dynamics are distinct, and the value drivers are specific to the asset class. We work with experienced real estate investors entering the space for the first time, helping them understand the nuances, identify the right asset, and underwrite it accurately.

How does Kidder Mathews market a mobile home or RV park for sale?

Our process starts with park-specific underwriting that evaluates both real estate and operational metrics, including rent rolls, utilities, occupancy trends, and capital history. From there, our award-winning in-house marketing team builds a full campaign, including project branding, web design and development, print collateral, email marketing, advertising, and a Real Capital Markets investment platform partnership, to connect your park with our database of qualified investors.

Why do experienced investors consider mobile home and RV parks a strong asset class?

The income is land-based, the tenant dynamics are distinct, and the value drivers are specific to the asset class, which is exactly what makes these properties compelling for the right investor. Combined with steady cash flow and strong historical demand, parks offer a return profile that is harder to find in more conventional commercial real estate.

Can I use a 1031 exchange when I sell my mobile home or RV park?

Many park owners use a 1031 exchange to defer capital gains tax by rolling sale proceeds into another investment property. We coordinate the timeline and paperwork alongside your qualified intermediary, CPA, and attorney, since exchange deadlines are strict and missing one disqualifies the entire transaction. If deferring gains matters more to you than monthly income, this is often the better fit alongside, or instead of, seller financing.

How can we help you?

THINKING ABOUT RETIREMENT?

Let’s discuss how to maximize your park’s value while planning for a secure income stream that supports your next chapter.

WANT TO KNOW YOUR PARK’S VALUE?

We provide comprehensive Broker Opinions of Value that account for current market conditions and your property’s unique attributes.

INHERITED A MOBILE HOME OR RV PARK?

We can help you navigate your options with expert guidance on valuation, management, and potential sale strategies tailored to your goals.

NEED SECURE MONTHLY INCOME?

We can help you explore seller financing for steady returns and potential tax benefits.

MULTIPLE OWNERS OR HEIRS WITH DIFFERENT OBJECTIVES?

We specialize in crafting solutions that address diverse stakeholder needs while maximizing property value.

NEED INSIGHTS AND CONNECTIONS?

Not sure how new laws may affect your park? Need a referral to an inspector, attorney, CPA, or web designer? We work with professionals who know mobile home and RV parks and can connect you with the right expertise.

Marketing Process

No two parks tell the same story. Each property has its own character, community dynamics, and value drivers that traditional marketing approaches miss.

Our tailored campaigns highlight what makes your park special—whether it’s location advantages, management efficiencies, or expansion potential— connecting you with buyers who recognize and value these distinctive qualities & ensuring the best match for your transition goals.

Credible Underwriting & Analysis

Our park-specific underwriting evaluates both real estate and operational metrics. We analyze rent rolls, utilities, occupancy trends, and capital history to create a financial picture that resonates with experienced park investors.

Best-In-Class Marketing

Kidder Mathews has an award-winning, in-house marketing team that provides a full suite of creative services, including project branding, web design & development, print collateral development (offering memorandum, flyer, etc.), email marketing, advertising, and Real Capital Markets investment platform partnership.

The Campaign

We leverage our proprietary database of qualified park investors to target the most likely& qualified buyers. Our marketing emphasizes your park’s unique value whether it’s stable cash flow, value-add potential, or strategic location.

 

WE KNOW THE Western US.
IN FACT, WE’RE ITS LARGEST INDEPENDENT COMMERCIAL REAL ESTATE FIRM.

For nearly 60 years, our clients have gotten the best of both worlds — independent counsel from trusted experts, working as part of the largest privately held commercial real estate firm on the Western US.

Today Kidder Mathews has over 900 real estate professionals and staff in 20 offices in Washington, Oregon, California, Nevada, Arizona and Texas.

We offer a complete range of brokerage, appraisal, property management, consulting, and debt and equity finance services for all property types, giving our clients the competitive edge they need.

Commercial Brokerage

 

$9B

TRANSACTION TOTAL (AVG Annual Volume)

 

500+

NO. OF
BROKERS


Valuation Advisory

 

2,700+

ASSIGNMENTS (AVG Annual)

 

42/23

TOTAL NO. OF APPRAISERS / MAIS


Asset Services

 

55M

SF PORTFOLIO SIZE

 

800+

ASSETS UNDER MANAGEMENT

 

Let's Connect

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