Sunrise Capital Investors Closes on $16,390,000 Fort Wayne, Indiana Mobile Home Community As First "Fund 4" Acquisition

Sunrise Capital Investors, LLC celebrates the $16,390,000 acquisition of Ridgebrook Hills Mobile Home Community in Fort Wayne, IN, marking the first acquisition for their Growth and Income Fund 4. This strategic purchase of the 738-unit asset aligns with their investment thesis, promising consistent cash flow and long-term growth.

CLEARWATER, FL / ACCESSWIRE / January 10, 2024 / Sunrise Capital Investors LLC ("Sunrise Capital"), nationally known for its excellence in mobile home park and parking lot investing, celebrated the $16,390,000 acquisition of Ridgebrook Hills Mobile Home Community ("Ridgebrook") in Fort Wayne, IN in December, 2023.

This 738-unit asset is the first acquisition in Sunrise Capital's Growth and Income Fund 4, opened in November of last year. Ridgebrook is a highly-strategic acquisition, chosen for its attractive size, proximity to excellent, institutionally-owned properties, and the strength of the growing Fort Wayne market.

"This is an exciting moment for us," Kevin Bupp, Founder and CEO of Sunrise Capital, remarked. "The sheer magnitude of this park, paired with a strong opportunity for rent growth in this market, will pay dividends for our investors," Bupp added.

Brian Spear, Co-Principal and CIO, chimed in: "We're excited to kick off Fund 4 with a property that totally aligns with our investment thesis - and checks all the boxes for our Infinite Return model. We're looking forward to providing Fund 4 investors consistent cash flow for years to come"

Fund 4 is designed to follow the successful blueprint of its predecessors, with a focus on assets that offer both immediate cash flow and long-term growth potential. The firm's previous funds have demonstrated over 24 quarters of on-time, as-promised cash flow distributions, without any capital calls or delays - a testament to Sunrise Capital's reliability and consistency.

About Sunrise Capital Investors

Founded in 2014, Sunrise Capital Investors is a Florida-based real estate private equity firm committed to generating cash flow and building legacy wealth for its investors through commercial real estate investing. Their strategic investment in high-quality real estate assets is designed to deliver attractive, risk-adjusted returns over a long-term holding period through the power of mobile home communities and parking lot assets.

Media Contact:

Brian Spear
[email protected]
(833) 227-4359

SOURCE: Sunrise Capital Investors

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