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
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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.