Investment Property Group

What Investment Property Group does

Investment Property Group (IPG) is a privately held real estate investment and management company headquartered in Park City, Utah, with regional offices in California, Minnesota, and Oregon. Founded over 20 years ago, IPG owns and operates more than 150 residential communities across at least 12 U.S. states, spanning three core property segments: manufactured home communities (including 55+ senior parks), multifamily apartment communities, and RV resort communities. The portfolio also includes affordable housing properties operating under LIHTC and HUD programs, managed through a dedicated compliance function.

The company's value proposition centers on acquiring, renovating, and repositioning underperforming residential properties, then operating them under standardized professional management. Service delivery relies on the RentCafe platform from Yardi Systems, which powers the property search website, online leasing, and resident portals (SecureCafe for multifamily, CommunityResport for manufactured housing). IPG's lean corporate structure—21 employees supporting the full portfolio—indicates property-level operations are executed by on-site leasing and maintenance teams.

Revenue is generated through recurring monthly rental payments from individual residential tenants across all three property types. Disclosed multifamily apartment rents range from approximately $1,278 to $2,649 per month depending on unit size and location, while manufactured home lot rents and RV site fees are collected via direct inquiry. The customer base is highly diversified B2C, segmented across manufactured housing seekers, multifamily renters (studio to 5+ bedrooms), senior (55+) residents, affordable housing participants, and RV users, with no enterprise customer concentration.

Name

Investment Property Group

Legal name

Investment Property Group

Website

https://ipgliving.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Investment Property Group is a private real estate investment and management company that owns and operates more than 150 manufactured home, multifamily apartment, and RV communities across the United States, serving individual residential renters including families, seniors, and affordable housing participants.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131), Lessors of Real Estate (5311), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Manufactured Housing / Mobile Home Park Management (BPAJAFAG), Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Senior & Assisted Living Residential Property Management (BPAJAFAE), Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Manufactured home communities
• Multifamily property management
• RV community management
• Affordable housing operations
• Residential rental properties

Headquarters

HQ city

Park City

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Property Rental: IPG generates revenue through renting manufactured home lots, multifamily apartment units, and RV spaces across its portfolio of 150+ communities. Residents pay recurring rent, with apartment communities offering various unit sizes and price points.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Investment Property Group owns and operates more than 150 manufactured home, multifamily apartment, and RV communities across the United States. The company generates revenue by renting manufactured home lots, apartment units (studios to 5+ bedrooms), and RV spaces to residents under monthly leases, with specialty offerings in affordable housing (LIHTC/HUD) and senior (55+) living. Property management, renovation, and repositioning of acquired communities are central to its operations.

Product overview

Investment Property Group (IPG) operates a diversified real estate portfolio management platform comprising three core property segments: Manufactured Home Communities, Multifamily Apartment Communities, and RV Communities. The company manages over 150 properties across the United States, with specialized offerings including Affordable Housing properties and Senior Living communities (55+). IPG's digital presence is powered by the RentCafe property management platform from Yardi Systems, which provides resident portals, property search functionality, and online leasing capabilities. The company adds value through property acquisition, renovation, and repositioning while maintaining professional management standards across their portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Manufactured Home Communities Rental of manufactured/mobile home lots in professionally managed all-ages and 55+ communities across the U.S., offered to individuals and families seeking affordable long-term housing.
• Multifamily Apartment Communities Operation and rental of multifamily apartment communities offering units ranging from studios to 5+ bedrooms across multiple U.S. markets, marketed to individual renters and households.
• RV Communities Operation of RV resort communities offering short-term and long-term sites for recreational vehicle owners, with amenities and locations convenient to shopping and restaurants.
• Affordable Housing Properties Affordable multifamily housing properties managed under affordable housing programs (including LIHTC and HUD), overseen by a dedicated Vice President of Affordability & Compliance.
• Senior Living Communities (55+) Senior-specific manufactured home and multifamily communities with age (55+) requirements and tailored amenities for older adult residents.
• Property Search Platform (RentCafe) Web-based property search and resident portal powered by RentCafe (Yardi Systems) enabling prospective residents to search available properties, view floor plans, schedule tours, and existing residents to pay rent and submit maintenance requests.

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered minor and core.

• Miracle for KidsminorOthersIPG partners with Miracle for Kids, a non-profit organization that provides support to families through fundraising and donations of food, clothing and shelter. During the holidays, IPG supports this charity by raising toys for children and families in need.
• Second Harvest Food BankminorOthersIPG partners with Second Harvest Food Bank, a hunger relief organization in Orange County, California that is creating a future without hunger through food drives, donations, grants and volunteer programs in their network of 200 food banks. IPG has participated in countless food drives and contests.
• Orange County Rescue MissionminorOthersIPG partners with Orange County Rescue Mission, who provide services for the homeless. IPG's team competes to see who can donate the most clothing annually.
• Regence Blue Cross Blue ShieldminorOthersIPG offers medical benefits through Regence Blue Cross Blue Shield, providing employees with flexibility to choose from three high-quality plans including two PPO options and an HSA plan.
• VSPminorOthersIPG provides vision coverage through VSP, making it easy for employees to access eye exams, lenses, and frames.
• USAbleminorOthersIPG provides basic Life and AD&D insurance at no cost to employees through USAble, with coverage of $15,000 for every eligible employee.
• CignaminorOthersIPG offers voluntary Critical Illness and Accident Insurance through Cigna, providing financial support if employees or dependents experience a covered accident or are diagnosed with a critical illness.
• RentCafe (Yardi Systems)coreTechnology or IntegrationIPG's property management website and resident portals are powered by RentCafe technology platform owned and operated by Yardi Systems, Inc.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Equity LifeStyle Properties: ELS is a publicly traded REIT focused on manufactured home communities and RV resorts. It is the most direct competitor to IPG's manufactured home and RV community portfolio across the US.
• UMH Properties: UMH Properties is a REIT that owns and operates manufactured home communities, directly comparable to IPG's manufactured housing segment with similar all-ages and senior community focus.
• BRT Apartments: BRT Apartments is a multifamily REIT that owns and operates apartment communities, including manufactured housing communities. It is comparable to IPG's multifamily and manufactured housing segments at a similar scale.
• Asset Living: Asset Living is one of the largest private multifamily property management companies in the US, providing third-party management services. Comparable to IPG in multifamily management, though Asset Living is primarily a third-party manager rather than owner/operator.
• Independence Realty Trust: Independence Realty Trust is a multifamily REIT that owns and operates apartment communities across non-gateway US markets, directly comparable to IPG's multifamily apartment segment.
• Veris Residential: Veris Residential is a multifamily REIT focused on luxury apartment communities in the Northeast. While geographically distinct, its class-A multifamily operations are comparable to IPG's multifamily apartment segment.
• Sun Communities: Sun Communities is a publicly traded REIT that owns and operates manufactured home and RV communities, as well as marinas. It directly competes with IPG's manufactured home and RV community segments across similar geographies.

Broad incumbents

• American Homes 4 Rent: American Homes 4 Rent is a large publicly traded SFR REIT that operates rental residential properties across the US. It is a broad incumbent in residential rental housing with overlapping investment thesis, though focused on single-family rather than manufactured housing.
• Essex Property Trust: Essex Property Trust is a West Coast-focused multifamily REIT. While larger and geographically concentrated, it overlaps with IPG's multifamily apartment holdings in California, Oregon, and Washington.
• Tricon Residential (Blackstone): Tricon Residential, acquired by Blackstone, is a large SFR and multifamily operator. It is a broad incumbent in residential rental housing with overlapping tenant demographics and operating model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/investment-property-group-ipg-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Investment Property Group