Sunrise Capital Investors Acquires Mobile Acres, a 100-Lot Manufactured Housing Community in Ashtabula, Ohio

CLEARWATER, Fla., Sept. 10, 2026 /PRNewswire/ -- Sunrise Capital Investors LLC ("Sunrise Capital"), a private equity firm specializing in manufactured housing communities and parking facilities, has acquired Mobile Acres, a 100-lot manufactured housing community in Ashtabula, Ohio. The community was 94% occupied at acquisition, with 74 of its 94 homes owned by residents.

Ashtabula is home to employers across manufacturing, healthcare, education, and tourism, including Ashtabula County Medical Center, Advanced Products Corporation, and Molded Fiber Glass Companies. With median household income of roughly $44,000 and an average home price near $122,000, the market has a durable need for attainable housing options.

"Mobile Acres has been owned by the same family for more than thirty years. It's clean, in great condition, and mostly resident-owned," said Kevin Bupp, Chief Investment Officer of Sunrise Capital. "The property is already performing well and sits on a solid foundation. Our plan is to fill the remaining vacant lots with new homes and invest in the community through improvements like roadwork and landscaping."

"Our approach has remained the same for years: buy with a margin of safety, protect the downside first, and build value through steady operations," said Brian Spear, Chief Executive Officer of Sunrise Capital. "Owning and thoughtfully improving communities like Mobile Acres, for our residents and our investors alike, is the heart of what we do."

About Sunrise Capital Investors

Founded in 2014, Sunrise Capital Investors is a Florida-based private equity firm focused on manufactured housing community and parking facility investments. With over $475M in assets under management (as of Q2 2026), Sunrise focuses on acquiring recession-resilient assets that generate durable cash flow and support long-term wealth creation.

For more information about Sunrise Capital Investors, visit https://sunrisecapitalinvestors.com.

Media Contact
Investor Relations Team, Sunrise Capital Investors
833-227-4359
[email protected]

SOURCE Sunrise Capital Investors