Sectors | TetraHomes
Where we invest and why.
Manufactured housing sits at the intersection of affordability, durability, and supply constraint. Every sector we operate in shares those characteristics.
Manufactured Housing Communities
Land-lease MHC is the most affordable form of homeownership at scale in America. Residents own the home. TetraHomes owns and maintains the community.
- All-age and 55+ formats
- Long-tenure residents, low turnover
- Cost basis anchored to replacement value of infrastructure, not comps
- Rent growth tracks inflation, cushioned by policy of no predatory escalators
RV Resorts and Seasonal Destinations
Annual, seasonal, and transient RV resorts in destination corridors. Amenity-driven, cash-generative, and increasingly a primary residence for retirees and remote workers.
- Coastal, mountain, lake, and Sun Belt destinations
- Mixed annual and transient revenue
- Clubhouses, pools, pickleball, laundry, wifi as baseline amenity set
- Conversion optionality to MHC where zoning permits
Factory-Built Housing Manufacturing
Owned plants producing HUD-code manufactured homes and modular units. Vertical integration means we control cost, quality, and delivery timing for our own communities and third-party retailers.
- Multi-plant footprint at target deployment
- HUD-code single-section, multi-section, and modular product lines
- In-house design, engineering, and warranty
- Component and materials sourcing at portfolio scale
Alternative Housing Communities
Park model cottages, tiny-home villages, ADU-driven communities, and workforce housing serving the missing middle.
- Park model RV cottages (400 sq ft) for infill and downsizers
- Tiny home communities in high-cost metros
- ADU and cottage-court communities
- Workforce housing near manufacturing, healthcare, and hospitality employers
MHC-Adjacent Retail and Commercial Real Estate
Grocery-anchored strip centers, service retail, medical office, and self-storage that serve our own resident base and the neighborhoods that surround our communities.
- Anchor tenants: grocery, pharmacy, urgent care, credit union
- Self-storage adjacent to communities
- Underwritten as standalone assets, not amenities
Manufactured Home Chattel Lending
In-house lending platform financing the purchase of manufactured homes on leased lots. Underwriting standards designed around resident credit reality, not GSE conforming boxes.
- Purchase and refinance chattel loans
- New-home financing tied to TetraHomes factory production
- Portfolio held on balance sheet, servicing retained
Ground Lease and Land-Lease REIT
Long-duration ground and land leases underlying our MHC and RV assets, structured for tax-efficient, inflation-linked cash yield.
- Sub-REIT structure at maturity
- Long-dated leases with CPI-linked escalators
- Investment-grade quality cash flow profile targeted