| Fund Name | Saratoga MHP Fund IV |
|---|---|
| Fund Manager or Organizer(s) | Saratoga Group |
| Fund Size | $15,000,000 |
| Fund-Related Website | saratogagroup.net |
| Investment Focus |
Affordable Housing, Multifamily Residential
|
| Geographic Focus | |
| Additional Fund Details | This is Saratoga Group’s second QOF (Qualified Opportunity Fund). We invest exclusively in existing Mobile Home Communities (MHCs) located in Opportunity Zones. We are able to improve on the existing cash flow by investing in capital improvements, bringing in brand new homes and applying “best practices” to the operations. Our $15M fund will purchase 10+ assets. We currently have 5 communities under escrow: a) 2 communities outside Austin TX b) 2 communities in Daytona Beach FL and c) 1 community in Greenville NC. |
| Organization Details | Headquarters are in Sacramento CA and we have over 30 full-time employees. We have been in business since 2011 and currently own and operate 14 Mobile Home Communities. |
| Fund Contact | |
| Name | Sam Hales |
| Job Title | CEO |
| Phone | (916) 596-9000 |
| info@saratogagroup.net |