RV Resort & Seasonal Destination

Year-round and seasonal RV resorts with pool, clubhouse, and destination-quality amenities. Acquires established parks and repositions them to resort standard.

Fund Size

$3.550B

Target committed capital

Target Net IRR

13–17%

Objective, not a guarantee

Investor Relations Back to Funds

Strategy

Where the fund invests

Year-round RV resorts in Sun Belt and destination markets.
Seasonal RV parks in Snowbird migration corridors.
Blended long-term site and short-term nightly rate strategies.
Amenity-led repositioning: pool, clubhouse, pickleball, dog park, on-site laundry.
Direct booking platform to reduce OTA reliance.

Objectives

What the fund targets

Fund Size$3.550B

Target Net IRR13–17%

Target Multiple1.9–2.5x

SectorRV Resorts & Destinations

Terms

Investment Fund II terms

Vehicle

Delaware limited partnership

Adviser

TetraHomes Advisers, LLC (SEC RIA, in filing)

Fund Term

10 years, plus two 1-year GP extensions

Investment Period

First 5 years

Waterfall

European whole-fund

LP Fees

None — 0%

Preferred Return

8% cumulative to LPs

GP Catch-Up

100% until 20/80 restored

Carried Interest

20% above preferred

Carry Escrow

30% through fund term

GP Commit

2% of fund size

Minimum LP Commit

$2,000,000

Auditor

PricewaterhouseCoopers

Fund Counsel

LePore Law Group

Definitive terms are set out in the Fund’s Private Placement Memorandum, Limited Partnership Agreement, and Subscription Agreement. Please consult the fund materials and legal counsel before subscribing.

Interested in Investment Fund II?

Institutional and qualified investors are invited to request the Private Placement Memorandum and Subscription Agreement.

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