Sale-readiness advisory · RV parks & MHCs

Sell your park like an institution owns it.

Buyers don't pay for stories — they pay for numbers that survive diligence. We rebuild your park's financials, comps, and data room to institutional standard before it hits the market. Flat fee. No commission. No listing.

Built by operators who underwrite parks every week — not by a marketing agency.

Page 4 of every package

The Normalized NOI Bridge

Sample · 110-pad park · Gulf Coast TX
$412K Broker NOI −$42K Tax reset −$38K Mkt-rate mgmt +$18K Utility recovery $338K Underwritable NOI
Every adjustment documented to source: tax rolls, bank deposits, vendor invoices. When the buyer's analyst rebuilds it — it ties.
The problem

Most parks don't fail to sell. They fail diligence.

Buyers' analysts rebuild your numbers from scratch. When the rent roll doesn't tie to deposits, the T12 hides one-time items, and the tax reset isn't modeled — the price drops after you're already under contract.

Failure mode 01

The re-trade

The buyer goes under contract at your price, then "discovers" what their analyst knew in week one — and cuts the offer 10–20% when your leverage is gone and your park is off the market.

Failure mode 02

The stale listing

Priced off a broker's optimistic pro forma, the park sits 6, 12, 18 months. Every serious buyer passes; the listing itself becomes the red flag. Price cuts follow — publicly.

Failure mode 03

The dead data room

Buyers ask for bank statements, utility bills, and occupancy history — and get a shoebox. Every unanswered question gets priced as risk. Silence is expensive.

The product

One package. Built the way buyers underwrite.

We've sat on the buy side of dozens of park deals. The Sale-Ready Package is everything we wish every seller handed us — assembled for your park, documented to source.

DOC / 01

Normalized NOI Bridge

Broker NOI to underwritable NOI, line by line — tax reset, market-rate management, one-time items, utility recovery. Every figure tied to a source document.

DOC / 02

Competitive Set Study

Every park in your radius: rates, site counts, amenities, occupancy signals. Your price defended against the market, not asserted into it.

DOC / 03

Market & Demand Memo

The employers, projects, and migration actually driving your occupancy — with honest durability analysis. Buyers trust sellers who name the risks first.

DOC / 04

Institutional Offering Memo

The marketing document your broker sends out — unit mix, financials, capex history, photography direction — written to analyst standard, not brochure standard.

DOC / 05

Diligence-Proof Data Room

Organized, indexed, complete: P&Ls, bank statements, rent roll, utility bills, permits, surveys. The 55 questions buyers will ask — answered before they're asked.

DOC / 06

Pricing & Strategy Memo

A defensible asking price with the math behind it, plus how to sequence the sale: timing, broker selection criteria, and what a clean offer should look like.

The process

Four weeks from shoebox to sale-ready.

WEEK 1

Forensic intake

We collect your P&Ls, rent roll, bank statements, and tax records — then reconcile them against each other. We find the gaps before a buyer does.

You getFindings memo + document request list
WEEK 2

Normalize & comp

We build your NOI bridge and survey every competing park in your market. This is where your real, defensible price emerges.

You getNOI Bridge + Comp Study + price range
WEEK 3

Package & proof

We write the offering memo and market memo, and assemble the indexed data room. Everything cross-checked so it ties when rebuilt.

You getFull OM + data room + strategy memo
WEEK 4 →

Launch support & deal-side advisory

Hand the package to the broker of your choice — or sell direct. We stay on your side of the table on a flat retainer: interpreting offers, pressure-testing buyer math, and helping you respond to diligence without giving ground you don't have to.

You getAn analyst in your corner through close
Pricing

Flat fees. Published. No percentage of anything.

A commission rewards a closing — any closing. A flat fee rewards the truth. We have no incentive to inflate your price or rush your sale.

Valuation & Pricing Report

FOR OWNERS ASKING "WHAT'S IT REALLY WORTH?"
$5,000 flat
  • Normalized NOI Bridge
  • Competitive set study
  • Defensible price range memo
  • Offering memo & data room
  • Deal-side advisory
Start with the report
Most owners choose this

The Sale-Ready Package

FOR OWNERS SELLING IN THE NEXT 6–18 MONTHS
$18,500 flat
  • Everything in the Report
  • Institutional offering memo
  • Indexed, diligence-proof data room
  • Market & demand memo
  • Sale strategy + broker selection criteria
Book a free assessment

Deal-Side Advisory

FOR OWNERS WITH OFFERS ON THE TABLE
$2,500 /mo flat retainer
  • Offer interpretation & buyer-math review
  • Re-trade defense playbook
  • Diligence response support
  • Weekly working sessions through close
  • We never negotiate for you — we arm you
Talk through your deal
Who's behind this
"We underwrite parks every week as buyers. We built Groundwork because we kept seeing good parks priced wrong, packaged badly, and re-traded hard — and the seller never knew why."
PRINCIPALS, GROUNDWORK PARK ADVISORY · OWNER-OPERATORS OF RV & MH COMMUNITIES ACROSS TEXAS
100+
Parks underwritten on the buy side
$60M+
In deals analyzed & negotiated
13
Texas submarkets comped in depth
0%
Commission. Ever.
Straight answers

Questions owners actually ask.

Are you brokers? Will you find me a buyer?
No. Groundwork is a flat-fee consulting firm, not a licensed real estate brokerage. We do not list your property, market it to buyers, show it, or negotiate on your behalf — and our fees are never contingent on a sale. We build the analysis and materials; the sale itself runs through the licensed broker of your choice (we'll help you pick a good one) or directly by you as the owner.
Why not just let my broker build the offering memo?
Brokers are paid to win the listing and close a sale — which is why broker pro formas run optimistic and diligence packages run thin. We're paid a flat fee to make your numbers survive a buyer's analyst. The two jobs are different, and the second one is what protects your price after you're under contract. The best brokers love working with our packages: deals close faster and don't re-trade.
What if your analysis says my park is worth less than I hoped?
Then you'll know it before the market tells you — privately, with the exact line items that drive the gap and which ones you can fix before selling. Many owners use the Valuation Report 12–24 months out precisely for this: raise rents to market, recover utilities, clean up the books, then sell at a number that holds.
You also buy parks. Isn't that a conflict?
It's the reason we're good at this — and we handle it in writing. Our advisory clients are walled off from our acquisitions: we will not make an offer on a park we've been engaged to advise, period. That policy is in every engagement letter.
My books are a mess. Is that a problem?
It's the most common starting point. Handwritten ledgers, mixed personal expenses, cash deposits — we've reconciled all of it. The intake week is built for exactly this, and the messier the books, the more value the normalization adds.
How do I know if I'm ready?
Book the free Sale-Readiness Assessment. It's a 30-minute call plus a 10-point score across financial records, pricing posture, and data room completeness. You'll leave knowing exactly what a buyer's analyst would flag — whether or not you ever hire us.
Free · 30 minutes · No obligation

Find out what a buyer's analyst would flag — before a buyer does.

Get your Sale-Readiness Score: a straight read on your financial records, pricing posture, and data room, from people who underwrite parks for a living.

Book your free assessment

or email hello@groundworkpark.com · groundworkpark.com