Rocket Capital improves manufactured home communities across Alabama
Expanding access to quality, affordable housing that residents are proud to call home
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Rocket Capital improves manufactured home communities across Alabama
Rocket Capital improves manufactured home communities across Alabama
You invest, we do the rest
Expanding access to quality, affordable housing that residents are proud to call home
Expanding access to quality, affordable housing that residents are proud to call home
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Get Started
Get Started
Book A Free Call
Join our weekly email
Join our weekly email
Invest in Real Estate Passively
Diversify your Portfolio
Partner with a Proven Operator
Receive Double Digit Returns
Receive Monthly Cashflow
Our Projects
Our Process
Once we have identified a single family or multi family property we would like to move forward with, we put it under contract by depositing earnest money to the seller and start our due diligence process with our home inspectors and contractors. At this time we will gather bids to create the most value with least amount of money.
Once we have identified a value add mobile home park that meets our minimum 12%+ cash on cash return for our investors, we will then put the property under contract, usually 30-45 days of due diligence where we check utilities, verify leases and value add and then we will close on the MHP with a local bank or regional bank
We are looking to add value to any property we purchase, either through functional rehab like replacing floors, doors, trim, cabinets, countertops, appliances, paint, landscaping. Or through operational value add like implementing professional property management, billing back tenants for utilities, raising rents, etc.
We are looking to add value to any property we purchase, either through functional rehab like installing mailboxes and creating new signs at the front of the community. Or operational value add, signing new leases with tenants, creating payment plans, creating standards in the community. Our goal is to make our tenants experience better.
Once the rehab is complete, we immediately start the refinance process and get the property appraised. At the time of refinance, all private money investors in the project will be cashed out their original investment and receive their profit in monthly increments or a lump sum at the end of the project.
Once stabilized at 100% occupancy for at least 12-16 months, we go back to a larger regional bank and do a cash out refinance, returning investor capital where we can get all of our cash out and still keep 20-30% equity in the property, that is an infinite return for us and our investors and that is a safe exit equity margin across all our mobile home parks.
After rehab is completed, we will stage the property and prep it for tenant showings and/or the sale of the property. Our goal is to get the property rented through 3 different outlets, long term, mid term and short term rental tenants. Utilizing this process allows us to keep our properties almost 100% full all year long
After sign install, mailbox install, road work, etc. We will then start to look at the vacant homes in the community. We will then sell those homes to families who want to own their home and pay lot rent in a safe park in a great location with professional management.
Once we have identified a value add mobile home park that meets our minimum 12%+ cash on cash return for our investors, we will then put the property under contract, usually 30-45 days of due diligence where we check utilities, verify leases and value add and then we will close on the MHP with a local bank or regional bank
Once stabilized at 100% occupancy for at least 12-16 months, we go back to a larger regional bank and do a cash out refinance, returning investor capital where we can get all of our cash out and still keep 20-30% equity in the property, that is an infinite return for us and our investors and that is a safe exit equity margin across all our mobile home parks.
We are looking to add value to any property we purchase, either through functional rehab like installing mailboxes and creating new signs at the front of the community. Or operational value add, signing new leases with tenants, creating payment plans, creating standards in the community. Our goal is to make our tenants experience better.
After sign install, mailbox install, road work, etc. We will then start to look at the vacant homes in the community. We will then sell those homes to families who want to own their home and pay lot rent in a safe park in a great location with professional management.
Get Started
Our Process
Acquisition -
Once we have identified a single family or multi family property we would like to move forward with, we put it under contract by depositing earnest money to the seller and start our due diligence process with our home inspectors and contractors. At this time we will gather bids to create the most value with least amount of money.
Renovation -
We are looking to add value to any property we purchase, either through functional rehab like replacing floors, doors, trim, cabinets, countertops, appliances, paint, landscaping. Or through operational value add like implementing professional property management, billing back tenants for utilities, raising rents, etc.
Stabilization -
Once the rehab is complete, we immediately start the refinance process and get the property appraised. At the time of refinance, all private money investors in the project will be cashed out their original investment and receive their profit in monthly increments or a lump sum at the end of the project.
Exit Strategy -
After rehab is completed, we will stage the property and prep it for tenant showings and/or the sale of the property. Our goal is to get the property rented through 3 different outlets, long term, mid term and short term rental tenants. Utilizing this process allows us to keep our properties almost 100% full all year long
Once we have identified a value add mobile home park that meets our minimum 12%+ cash on cash return for our investors, we will then put the property under contract, usually 30-45 days of due diligence where we check utilities, verify leases and value add and then we will close on the MHP with a local bank or regional bank
Once stabilized at 100% occupancy for at least 12-16 months, we go back to a larger regional bank and do a cash out refinance, returning investor capital where we can get all of our cash out and still keep 20-30% equity in the property, that is an infinite return for us and our investors and that is a safe exit equity margin across all our mobile home parks.
We are looking to add value to any property we purchase, either through functional rehab like installing mailboxes and creating new signs at the front of the community. Or operational value add, signing new leases with tenants, creating payment plans, creating standards in the community. Our goal is to make our tenants experience better.
After sign install, mailbox install, road work, etc. We will then start to look at the vacant homes in the community. We will then sell those homes to families who want to own their home and pay lot rent in a safe park in a great location with professional management.
Get Started
Why Rocket Capital?
Rocket Capital acquires, improves, and operates manufactured home communities across Alabama. We take overlooked and underperforming parks and turn them into well-run neighborhoods, upgrading infrastructure, tightening operations, and raising the standard of living for the families who call them home. Founder & CEO Garrett Terrell runs the business as a vertically integrated operation, as of July 2026, Rocket Capital owns and operates 13 communities and 350 homesites managed from acquisition through day-to-day operations. The model is simple and repeatable: buy right, improve the asset, operate it well, and hold long term. The result is quality, affordable housing residents are proud of and durable, cash-flowing returns for the partners who invest alongside us.
Rocket Capital acquires, improves, and operates manufactured home communities across Alabama. We take overlooked and underperforming parks and turn them into well-run neighborhoods, upgrading infrastructure, tightening operations, and raising the standard of living for the families who call them home. Founder & CEO Garrett Terrell runs the business as a vertically integrated operation, as of July 2026, Rocket Capital owns and operates 13 communities and 350 homesites managed from acquisition through day-to-day operations. The model is simple and repeatable: buy right, improve the asset, operate it well, and hold long term. The result is quality, affordable housing residents are proud of and durable, cash-flowing returns for the partners who invest alongside us.
Rocket Capital acquires, improves, and operates manufactured home communities across Alabama. We take overlooked and underperforming parks and turn them into well-run neighborhoods, upgrading infrastructure, tightening operations, and raising the standard of living for the families who call them home. Founder & CEO Garrett Terrell runs the business as a vertically integrated operation, as of July 2026, Rocket Capital owns and operates 13 communities and 350 homesites managed from acquisition through day-to-day operations. The model is simple and repeatable: buy right, improve the asset, operate it well, and hold long term. The result is quality, affordable housing residents are proud of and durable, cash-flowing returns for the partners who invest alongside us.
Work With Us
Work With Us
Our Founder
Meet Garrett Terrell
After playing Division 1 Baseball, Garrett Terrell started investing in real estate in 2018 and started flipped houses. Roughly 50 single-family flips, and more than 500 traditional transactions across his career.
In 2023 he bought his first 33-lot mobile home park on in Montgomery, Alabama, and stopped doing single family and focused on MHP's.
Three years later, Rocket Capital now owns 13 mobile home parks across Alabama 350 pads. Garrett has raised millions of dollars in private capital for these acquisitions and has earned investors double digit returns consistently for the last 36 months.
His goal is specific, and it isn't only financial: to build the best mobile home park company in the state of Alabama. The one with the happiest residents and the best-run communities in every market we operate in.
Meet Garrett Terrell
After playing Division 1 Baseball, Garrett Terrell started investing in real estate in 2018 and started flipped houses. Roughly 50 single-family flips, and more than 500 traditional transactions across his career.
In 2023 he bought his first 33-lot mobile home park in Montgomery, Alabama, and stopped doing single family and focused on MHP's.
Three years later, Rocket Capital now owns 13 mobile home parks across Alabama 350 pads. Garrett has raised millions of dollars in private capital for these acquisitions and has earned investors double digit returns consistently for the last 36 months.
His goal is specific, and it isn't only financial: to build the best mobile home park company in the state of Alabama. The one with the happiest residents and the best-run communities in every market we operate in.
Meet Garrett Terrell
After playing Division 1 Baseball, Garrett Terrell started investing in real estate in 2018 and started flipped houses. Roughly 50 single-family flips, and more than 500 traditional transactions across his career.
In 2023 he bought his first 33-lot mobile home park on in Montgomery, Alabama, and stopped doing single family and focused on MHP's.
Three years later, Rocket Capital now owns 13 mobile home parks across Alabama 350 pads. Garrett has raised millions of dollars in private capital for these acquisitions and has earned investors double digit returns consistently for the last 36 months.
His goal is specific, and it isn't only financial: to build the best mobile home park company in the state of Alabama. The one with the happiest residents and the best-run communities in every market we operate in.
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How it works
1. Sign Up
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Stay up to date on all of our current properties & get exclusive access on upcoming investments
2. Invest
2. Invest
Once your capital is deployed, you will start to recieve monthly cashflow, equity upside and tax benefits as being one of our investors.
3. Monitor Your Assets
3. Monitor Your Assets
You will get constant updates from Rocket Capital, via email, text highlights through social media, once you invest with us you are a part of our family and we treat you as such.
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