Our business model serves working class America. We believe every person should be treated fairly and equally. We invest capital to improve lives. We seek investments which are under-served or have been neglected. We develop communities to provide housing opportunities for everyone. TREAD is committed to making the world a better place for everyone.
REAL ESTATE INVESTMENTS
Farmville Park
Opportunity Zone
Initially an 85-site park, now a 150-site community. Tread spent three years adding 40 homes (average size 1,000sf) at a price point of less than $600/month. Average 3 BR rent in the area is over $1,200/month with very limited supply of affordable housing. Our team made numerous Improvements including: paved roads, street lights, fence, community area and expanded to add an additional 50 home sites.
Location: Farmville, VA
Sites: 150
Status: Sold
Purchased: 2016
Utilities: Public
Greeneleigh Village
Opportunity Zone
Located in the Smoky Mountains just off I-81, Greeneleigh began as a 100-site park with 60 homes, half of which were vacant. In less than a year Tread renovated 30 homes and added 40 homes - adding 70 affordable units in an area of high demand. Improving management and offering residents the ability to own their own home was key to the success of this beautiful community.
Location: Midway, TN
Sites: 115
Status: Sold
Purchased: 2016
Utilities: Public
Ravenwood
Opportunity Zone
Ravenwood was suffering from a lack of capital. Tread invested significant capital cleaning up the park, renovating homes and adding amenities. The most affordable form of housing within a 50-mile radius, Ravenwood transformed into a very close-knit community full of families with diverse backgrounds.
Location: Greeneville, TN
Sites: 215
Status: Sold
Purchased: 2017
Utilities: Public
Greenlawn Estates
Greenlawn had 30 vacant homes and was purchased out of foreclosure. In 18 months Tread renovated the vacant homes and purchased 40 brand new homes, and replaced utility infrastructure. In Q1 2020, the community will be complete once all roads are completely resurfaced.
Location: Zanesville, OH
Sites: 150
Status: Sold
Purchased: 2017
Utilities: Public
Camelot Villas
Camelot Villas is a 260-site MHC located in Genesee township near Mt. Morris, MI. This master planned community offers affordable housing with luxurious amenities including a clubhouse and pool. Camelot is situated on 60 acres with public utilities. Tread continues to add new homes to satisfy the extreme demand for affordable housing in Genesee.
Location: Genesee, MI
Sites: 260
Status: Value-Add
Purchased: 2018
Utilities: Public
Saginaw Villas
Opportunity Zone
Saginaw Villas is a 467-site MHC in the growing city of Saginaw, Michigan. Master planned community with sidewalks and large lots. Saginaw is situated on 80 acres with public utilities. Located in an Opportunity Zone
Location: Saginaw, MI
Sites: 460
Status: Sold
Purchased: 2018
Utilities: Public
Bluegrass Meadows
Beautiful views of the rolling hills and bluegrass fields, Bluegrass Meadows MHP supports over 150 sites. Situated in Eastern Kentucky less than an hour from Nashville, TN, the property offers great potential through adding homes in this market with extremely high demand for affordable housing. The community has public utilities directly billed to residents.
Location: Russellville, KY
Sites: 150
Status: Sold
Purchased: 2018
Utilities: Public
Cartersville Estates
Located in the cozy town of Cartersville, VA, Cartersville Estates has 15 home sites with an additional 20 acres for potential expansion. Expansion would support approximately 100 units. Less than an hour from Richmond, VA, Cartersville is the home of Cobbs Creek Reservoir and is located along the James River. The property is currently stabilized and is for sale.
Location: Cartersville, VA
Sites: 15
Status: Sold
Purchased: 2018
Utilities: Private
Gardner Estates
In the foothills of the Appalachian mountains, Gardner Estates has 200 home sites with an area for expansion. Princeton, WV is located along the New River in a beautiful part of the country. It is also the home of very hard working people and a strong sense of community. We look forward to adding new homes to this community.
Location: Princeton, WV
Sites: 200
Status: Stabilized
Purchased: 2019
Utilities: Public
Westwood Heights
Opportunity Zone
Located in an opportunity zone in the Flint Township, Westwood Heights is an exciting opportunity. Public Utilities through Detroit Public Works (one of the best in the country) service each of the 216 fully developed sites. Westwood is located adjacent to I-75 and surrounded by manufacturing and automotive jobs. Residents complained about the roads - we resurfaced the roads in our first month of ownership.
Location: Flint, MI
Sites: 216
Status: Sold
Purchased: 2019
Utilities: Public
Shady Oaks
Located in Stephenville, TX (~ 1 hour south of Dallas) Shady Oaks offers a well maintained property which residents are happy to call home. Agriculture is the leading industry and when you think of hardworking 'Texans, you think of Stephenville. Population continues to grow 30% year over year and we are able to supply the shortage of affordable housing to the great residents of Shady Oaks.
Location: Stephenville, TX
Sites: 90
Status: Sold
Purchased: 2019
Utilities: Private
Village
Opportunity Zone
Located near Shady Oaks in Stephenville, TX the Village is located in an opportunity zone. With a limited supply of quality affordable housing in the area, we hope to deliver on our promise of reliable and affordable housing at the Village.
Location: Stephenville, TX
Sites: 103
Status: Sold
Purchased: 2019
Utilities: Public
River Springs
Across Lake Michigan from Chicago, Berrien Springs is located in one of the most beautiful areas of Michigan. 80+ acres along the St. Joseph River is River Springs Estates. Wonderfully designed, River Springs has a community full of families who have lived there for generations. We are excited bring this community back to where it was in the early 2000's
Location: Berrien Springs, MI
Sites: 200
Status: Sold
Purchased: 2019
Utilities: Public
Pheasant Run
Conveniently located in a growing retail and industrial area, Pheasant Run has the characteristics of an amazing community. We are in the process of upgrading the infrastructure and renovating vacant homes.
Location: Flint, MI
Sites: 179
Status: Sold
Purchased: 2019
Utilities: Public
Concord
Just north of Fort Wayne, IN, Concord has 120 sites with public utilities. Recently acquired, we are transitioning management and renovating homes. We hope to continue to supply the Fort Wayne market with reliable and affordable housing.
Location: Waterloo, IN
Sites: 120
Status: Sold
Purchased: 2019
Utilities: Public
Shady Haven
Shady Haven is a resort on a beautiful lake in Northern Indiana. Many families have spent over 30 years in the resort. An affordable alternative, Shady Haven is full of pontoon boats and families playing on the beach from March - October every year.
Location: Albion, IN
Sites: 77
Status: Sold
Purchased: 2019
Utilities: Private
Stone Ridge
Located in a manufacturing hub outside of Forty Wayne, IN, Stone Ridge is a master planned community in the Corn Belt of Northern Indiana.
Location: Cromwell, IN
Sites: 218
Status: Sold
Purchased: 2019
Utilities: Public
Eagle Oaks
Shady Haven is a resort on a beautiful lake in Northern Indiana. Many families have spent over 30 years in the resort. An affordable alternative, Shady Haven is full of pontoon boats and families playing on the beach from March - October every year.
Location: Zanesville, OH
Sites: 30
Status: Sold
Purchased: 2019
Utilities: Public
Granite Falls
Opportunity Zone
Constructing 300-400 sites on 150 acres in an area with limited to no affordable housing supply. Our focus with this development is to provide affordable homes for sale by the end of 2021. Once complete, 300-400 homes will average 1,500sf - 2,000sf and will sit on 1/4 acre sites with direct public utilities. Amenities will include a clubhouse, playground and pool. We hope to provide brand new housing for under $900/month.
Location: Central VA
Sites: 300 - 400
Status: Development
Purchased: 2020
Utilities: Public
Twin Mills
Twin Mills is one of the MH communities developed in the last 10 years. Brand new homes and infrastructure in a desirable area of Ohio is what makes Twin Mills an amazing affordable housing solution. Our plan is to bring in new homes and give hard working families the opportunity to own their own home.
Location: Waverly, OH
Sites: 150
Status: Value-Add
Purchased: 2020
Utilities: Public
Shadow Wood
Shadow Wood was an amazing community when we purchased it in 2020. Our goal was to make it better. By paving the roads, building a playground and treating people well we believe we can improve Shadow Wood and build it into the place to live in Princeton.
Location: Princeton, WV
Sites: 173
Status: Sold
Purchased: 2020
Utilities: Public
Elk View
Elk View is surrounded by the mountains in a beautiful part of West Virginia. We are offering a unique product at an affordable price. With an opportunity to expand and add an additional 50 sites, Elk View will be a premier community once stabilized.
Location: Princeton, WV
Sites: 54
Status: Sold
Purchased: 2020
Utilities: Public
Country Roads
Belcher MHP is located in SW West Virginia. Already stabilized, Belcher offers a unique opportunity to give residents the opportunity to purchase their own home.
In less than a year, our team demolished 15 abandoned homes and added 15 homes - providing housing for under $500/month.
Location: Princeton, WV
Sites: 25
Status: Sold
Purchased: 2020
Utilities: Public
Pine Lake
Location: Saint Clairsville, OH
Sites: 140
Status: Value-Add
Purchased: 2021
Utilities: Public
Blacksburg Estates
Location: Blacksburg, VA
Sites: 160
Status: Value-Add
Purchased: 2021
Utilities: Public
Almost Heaven
Location: Princeton, WV
Sites: 40
Status: Stabilized
Purchased: 2021
Utilities: Public
Deer Run
Location: Warsaw, OH
Sites: 150
Status: Stabilized
Purchased: 2021
Utilities: Public
Briarwood
Location: Beckley, WV
Sites: 90
Status: Stabilized
Purchased: 2021
Utilities: Public
Tyler ARC
Opportunity Zone
Constructing 300-400 sites on 80 acres in fast-growing Tyler, TX. This master-planned community will provide 200 RV sites by the end of 2021 and 200 single-family homes (1,500-2,000sf) by the end of 2022. Monthly rent will range from $1,200-$1,500/month. Our focus with this development is to provide affordable homes for rent. Amenities will include a clubhouse, playground, pool and walking trails in the great city of Tyler, TX.
Location: Texas
Sites: 400
Status: Development
Purchased: 2021
Utilities: Public
Northwoods
Location: Marion, OH
Sites: 183
Status: Development
Purchased: 2021
Utilities: Public
Yellow Mountain Village
Location: Roanoke, VA
Sites: 200
Status: Stabilized/Development
Purchased: 2022
Utilities: Private
Southview Village
Location: Roanoke, VA
Sites: 51
Status: Stabilized
Purchased: 2022
Utilities: Private
Meadowbrook Estates
Location: Blacksburg, VA
Sites: 103
Status: Stabilized
Purchased: 2022
Utilities: Public
Hunters Pointe
Location: Canton, OH
Sites: 150
Status: Development
Purchased: 2022
Utilities: Public
BUSINESS INVESTMENTS
Tread Property Services
Tread Property Services provides property management, leasing and consulting services for commercial real estate.
Location: Richmond, VA
Type: Property Management
81 North Construction
81 North Construction provides construction and development services - specifically created to improve commercial properties. Earthwork, asphalt paving, MH transportation, MH setup, utilities, etc. 81 North is dedicated to providing high qaulity, innovative and professional service in an aging industry.
Location: Richmond, VA
Type: Construction
EFC Management
EFC specializes in managing multi-family residential real estate.
Location: Richmond, VA
Type: Operations
HT Holdings
Location: Richmond, VA
Type: Investments
HT Homes
Location: Richmond, VA
Type: Home Construction
All Things Real Estate
All Things Real Estate is a full service tree and grounds maintenance company specialized in both commercial and residential landscaping.
Location: Richmond, VA
Type: Home Services
Tenant Turner
One of a kind software service that lets landlords find qualified tenants, list open properties on multiple websites and schedule showings for potential customers.
Location: Richmond, VA
Type: Property Management
89 Paint
89 Pain is Virginia's #1 choice for professional interior and exterior painting. All-encompassing and always professional, 89 Paint customers include residential, commercial, retail and industrial, among others. 89 Paint prides itself on excellent customer service and innovative technology.
Virginia Adult Intramural League
(VAIL) Virginia Adult Intramural League is a competitive basketball league for adults in Richmond, VA. Throughout the year over 500 players compete to determine who hasn't lost a step.
Location: Richmond, VA
Type: Home Services
Location: Richmond, VA
Type: Recreation
Status: Sold
Future Investments
We are always looking for investments. Whether it's a mobile home park, development opportunity or simply a great company in need of capital to grow. We are seeking opportunities to fulfill our mission to give back to our local community and solve the affordable housing crisis.