North Carolina — Southeast
Pine & Ledger Capital acquires mobile home parks and small multifamily properties where patient underwriting and direct relationships create lasting value.
Our approach
Sourcing
Targeted deal flow
We actively review mobile home parks and multi-unit opportunities — direct-to-owner outreach and on-market deals where value may be overlooked.
Underwriting
Clear, conservative numbers
We evaluate deals on cash flow, operational upside, and financing structure. No optimistic assumptions. Downside first, every time.
Execution
Direct, human communication
We value simple conversations, realistic timelines, and respectful transactions. We work with sellers who want a buyer they can trust.
Who we are
Pine & Ledger Capital is a family-run real estate investment company built around patience, discipline, and long-term thinking. We believe the best opportunities are uncovered through steady work, clear communication, and a genuine commitment to doing right by the people we speak with.
Our goal is not simply to acquire real estate — it is to build a durable company rooted in trust, thoughtful decision-making, and responsible ownership over time. We are based in North Carolina and focused on the Southeast.
Current buy box
Asset type: Mobile home parks (primary), small multifamily (secondary)
Geography: North Carolina and Southeast — statewide
Size: 20–100 sites preferred. Larger considered on right terms.
Price: Sub-$3M where seller financing is a realistic conversation
Financing: Seller financing welcomed and preferred. DSCR as fallback.
Sellers we work with: Long-term owners, estate situations, tired landlords
Currently acquiring
20–100
Sites preferred
for MHP acquisitions
Sub-$3M
Target price range
for current acquisitions
SE US
Geographic focus
NC and Southeast
75 days
Typical close timeline
from executed contract
If you own a mobile home park or multi-unit property and are thinking about selling — or just want to have a conversation — we'd be glad to hear from you. No pressure, no broker, just a direct call.
paul.j.novak@gmail.comBased in North Carolina — we pick up the phone.