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52TEN

52TEN is a private investment firm founded in 2016 by Nate Pattee and Jack Martin, based in Scottsdale, Arizona. It invests both directly and through other firms' deals, has 13 current parks and 2 exits on file, and still has one deal open, 52TEN Fund III.

RV/Mobile Home Parks 52ten.com →
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About 52TEN

52TEN is a vertically integrated manufactured-housing operator with in-house property management, maintenance, a manufactured-home dealer license, and internal resident marketing and home-sales capabilities. Its principals apply a conservative investment philosophy and bring experience across more than $1 billion of commercial real estate development, acquisitions, repositioning, portfolio management, and dispositions. The firm uses the Entrepreneurial Operating System to establish and execute short-, medium-, and long-term goals.

  • 15 parks bought since 2017 Counted
  • 2 sold Counted
  • 1,778 lots owned today Counted · 13 parks
  • $170.5M assets under management Stated by the firm

Track record

52TEN has sold 2 of the 15 parks it has bought.

Reviewed and confirmed by the firm. Past performance does not guarantee future results.

Where it has bought

All 15 parks: 13 still owned, 2 sold.

United States
PropertyPlaceLotsBoughtSoldReturned
Santa Rita HeightsSahuarita, AZ50201920211.88×
Safford RV ResortSafford, AZ92201820201.46×
Paradise North EstatesPhoenix, AZ1482026Still owned
Villa EstatesOmaha, NE1382025Still owned
Country GlenGeorgetown, TX1212024Still owned
Oak HavenCollege Station, TX992024Still owned
Eagle Valley EstatesCarson City, NV1802024Still owned
Hidden Oasis EstatesPanama City, FL1412024Still owned
Stone HavenCollege Station, TX2152023Still owned
Palm Harbor EstatesMesa, AZ2462021Still owned
Palo Verde HillsApache Junction, AZ492020Still owned
Country BreezeYuma, AZ1592020Still owned
Melody Mobile CourtYuma, AZ712019Still owned
Central Park EstatesSierra Vista, AZ642018Still owned
OG RV ResortYuma, AZ1472017Still owned

Team

The people behind the firm.

  • Nate Pattee

    Co-Founder, CEO

    Nate's experience includes development, brokerage, marketing, portfolio management, and the acquisition and disposition of over $400 million of commercial real estate. After graduating from Purdue University, Nate moved to Arizona and joined The Weitz Company, where he gained extensive development and construction experience. At Marcus & Millichap, he became adept at underwriting and brokering commercial real estate transactions. As a principal, he grew a real estate marketing firm's revenue 9x over four years to a successful exit. He then served as asset manager for a portfolio of multifamily and manufactured housing communities, where he and Jack met. He co-founded 52TEN in 2016 to pursue mobile home parks, drawn by the stable performance and favorable risk dynamics of the asset class.

  • Jack Martin

    Co-Founder, CIO

    Jack's experience includes general contracting, development, capital management, and the acquisition and disposition of over $450 million of residential and commercial real estate. After serving in the US Army, Jack began his entrepreneurial journey as a general contractor, specializing in land and custom home development. He spent 14 years with an Arizona-based real estate firm, where he became adept at sourcing off-market properties and fostering relationships with capital partners. During this time, he acquired and sold over 2,000 single-family homes and over 900 apartment units/mobile home park lots. In 2016 he co-founded 52TEN to focus on mobile home parks.

  • Sean King

    Executive Vice President of Operations

    Sean King is Executive Vice President of Operations at 52TEN, providing operational leadership across the portfolio. King brings more than 15 years of real estate operations experience, including over 11 years in manufactured housing and 9 years in executive leadership roles. Before joining 52TEN he led multiple nationwide site expansions and helped scale early-stage companies into institutional-grade owner/operator and third-party management platforms.

  • Nathan Stewart

    Vice President of Finance & Accounting

    Nathan Stewart is Vice President of Finance & Accounting at 52TEN, overseeing financial reporting, treasury, fund accounting, budgeting, forecasting and internal controls. Stewart brings more than a decade of finance and accounting leadership across high-growth organizations, where he helped scale financial operations for companies managing tens of millions to billions of dollars in assets. He is a licensed CPA with a Master of Accountancy from Brigham Young University.

  • Sandra Chancio

    Director of People Operations

    Sandra leads People Operations at 52TEN, aligning people strategy with business goals to drive scalable growth and a high-performance culture. With 20+ years of HR leadership, she is known for building effective systems, enhancing communication, and fostering environments of trust, accountability, and collaboration. Guided by a business-first, people-always philosophy, Sandra partners with leaders to create intentional growth where both people and business thrive.

  • Bob Tonge

    Senior Acquisitions Manager

    Bob Tonge is Senior Acquisitions Manager at 52TEN, leading acquisitions and managing broker and owner relationships and deal flow. Tonge brings 30 years of manufactured housing community experience across acquisitions, ownership, operations and dispositions, including acquiring, owning and operating 11 communities totaling about 1,000 lots across five states. He also spent 25 years in technology finance, including equipment financing as a captive lender for Dell, HPE and Agilent.

  • Abbey Olivo

    Director of Marketing

    Abbey leads marketing for 52TEN's brand, investors, and portfolio of parks. Abbey has over 18 years experience in marketing and sales leadership positions in both luxury and real estate industries, excelling in managing expansive territories, driving growth through strategic initiatives. Her style is tech-driven and calculated, focused on creating smart and efficient marketing flows, improving customer experience and efficient lead conversions. Career Highlights: • Demonstrated mastery in marketing management, complemented by a sales-oriented mindset, specialized in High Net Worth (HNW) clientele. • Recognized marketing leadership expert, overseeing expansive territories encompassing more than 75 locations across the United States, Canada, and Europe. • Proven track record of success in challenging economic climates; notably achieved remarkable growth from 40% to full occupancy within a year amidst the 2008 recession at Brookdale Senior Living. • Leader of high-impact initiatives including comprehensive re-branding efforts, CRM development, and large-scale website projects. • Proficiently harnessing marketing technologies to drive efficiencies and optimize returns, adept at tactically building systems and workflows.

Headquarters

Scottsdale, Arizona

Scottsdale, AZ

Invest with 52TEN

One fund is open now.

Coming soon
52TEN Fund III
Mobile Home Communities
15.0% Target IRR2.20x Equity$100K min Minimum

About this profile

Profile built from source documents and firm materials. DealStack provides independent analysis of private placements and is not affiliated with the firms listed unless a subscription is explicitly noted. An empty field means that item is not available yet. The date of the assets-under-management figure is not on file. The headquarters map is placed to the city, not to a street address. The number of realized investments the firm reports and the number of sales DealStack counts have separate sources.

Securities are offered only through official offering documents. Some offerings only accept accredited investors, and each deal page says who can invest. All investments involve risk, including the potential loss of principal.

52TEN Fund III
Now raising

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