News

December 1, 2022

Forrest Street Partners Adds Fernwood Park

Forrest Street Partners (FSP) expands their manufactured home community (MHC) portfolio with the purchase of Fernwood Park. This represents the firm’s fifth MHC investment, and their first venture south of Atlanta.
July 13, 2022

Forrest Street Partners Breaks Ground On Metro Atlanta’s Largest Luxury RV Resort

Forrest Street Partners (FSP) will invest $16 million to develop Winding Waters, the largest luxury RV resort within the metro Atlanta area, featuring 252 sites and a host of activities and first-class amenities.
February 8, 2022

Forrest Street Partners Expands Portfolio Westward

Forrest Street Partners (FSP) purchased a 255 site manufactured home community (MHC) in Little Rock, AK. The park, called Southern Pines, is the first park FSP has purchased in Arkansas, moving the company’s expansion further west.
February 1, 2022

Forrest Street Celebrates an Active End to 2021

Repositioning and selling several major RV Parks and Mobile Home Communities across the southeast leads to great returns in 2021.
September 20, 2021

Forrest Street Partners Acquires Dogwood Blossom Mobile Home Park In Douglasville, GA.

Forrest Street Partners purchased its second mobile home park in Metro Atlanta after acquiring the 78 lot Dogwood Blossom Mobile Home Park.  Dogwood Blossom is located 15 miles west of Downtown Atlanta in Douglasville, GA.
August 18, 2021

Forrest Street Partners Purchases Combined Manufactured Home and RV Resort in Covington, GA

Forrest Street Partners (FSP) purchased a 307 site Manufactured Home and RV resort in Covington, GA. This Park, called Riverside Estates, is the third RV park and first MHP park FSP has purchased in the Atlanta MSA. Riverside Estates is located in the growing Covington area, close to shopping, new retail and many planned developments. The Park has 170 RV sites and 135 manufactured home sites, a clubhouse, pool, and playground.
August 18, 2021

Forrest Street Partners Acquires 165-Site Alabama RV Park

Forrest Street Partners (FSP) was published in Woodall’s Campground Magazine on May 24, 2021. Read the article to learn more about the details of the purchase and to hear from Todd Baldree, Partner at Forrest Street Partners, about the decision to purchase the park.
April 20, 2021
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FSP Purchases Second RV Resort in Mobile, AL

Forrest Street Partners (FSP) purchased their second RV resort in the Mobile, AL, MSA during the first quarter of 2021.  Johnny’s RV Park, located in Theodore, Alabama, currently has 165 RV sites and 7 cabins but plans to add 5 more cabins and 15 additional RV sites are in place.  The purchase also includes a commercial building and pavilion that house two different tenants.
April 20, 2021
Forrest Street logo

Forrest Street Adds Two MH Parks to their Portfolio

Forrest Street Partners (FSP) purchased two more manufactured home communities (MHC) in the Louisville, KY, market during the 4th quarter of 2020. These parks represent their third and fourth MHP investments, to go along with four RV investments. Live Oaks MHC is located in Mt. Washington, KY, and contains 146 total sites and room to expand. Ponderosa MHC is located in Elizabethtown, KY, and contains 130 total sites. The parks were 71% and 77% occupied, respectively, at purchase allowing ample infill opportunity. Rents are currently below market rates.