YourPark.com Acquires North Lamar Mobile Home Park in Austin, Aims for INC Award
Austin, Texas (PRWEB) February 12, 2015 -- With their latest acquisition, affordable housing provider YourPark.com is poised to make its debut on the INC list of fastest-growing companies in the US. Their newest property, a centrally-located mobile home park on Research Blvd, near North Lamar, represents YourPark’s second affordable housing community in Austin and their 11th in the region overall. Adding another fully-occupied, high-yield property to their portfolio, already valued at $13 million, cements their status as one the fastest-growing private businesses in the nation.
Acquiring a second affordable living community in Austin is a big deal for YourPark.com. “Texas, Austin especially, is one of the most competitive places for affordable housing investments in the country,” says Stathis Edel, the CEO of YourPark.com. “To be honest, I’m not sure how we landed two properties right near downtown Austin in such a short period of time. Sometimes lightning does strike twice.” Truth is, though, Edel is no stranger to this type of business success.
His previous venture, a website marketing company, also made its mark on the INC charts before Edel accepted a substantial, undisclosed purchase offer and started investing capital in affordable housing. Although it’s rare for someone to be highly successful in two different verticals, Edel believes his background in technology is one of the main reasons for his newfound success with YourPark.com.
“We’ve been way ahead of the curve in making ourselves visible online and marketing on different mediums popular among different demographics,” Edel says. “That, and we’ve just been able to secure some truly great properties in the strongest markets.” If the past two years of hyper growth are any indication, all signs point to long-term success for YourPark.com.
About YourPark.com
YourPark.com provides affordable living in great areas, by acquiring and managing mobile home parks and communities. Their portfolio includes affordable housing communities in Austin, Waco, San Marcos, New Braunfels, and La Grange, Texas. Outside the Lone Star state, YourPark.com has two mobile home developments well-situated in East St. Louis. For a full list of properties, visit http://www.yourpark.com.
Christina Walters, YourPark.com, http://www.YourPark.com, +1 888-966-0847 Ext: 6, [email protected]
Share this article