Parking Lot Tech Search Fund

July 10, 2025
by a searcher from Dartmouth College in Los Angeles, CA, USA
This parking lot tech search fund is focused on acquiring parking lots that generate recurring revenue through license plate recognition, automated payments, and third-party enforcement systems. The technology layer not only boosts margins by minimizing labor but also creates predictable monthly income—making it easier to underwrite, scale, and finance. Unlike traditional parking lot acquisitions, we’re targeting under-optimized locations where modest operational improvements and tech overlays can unlock substantial value, often without the need for significant capital expenditures.
What sets this strategy apart is the dual path to exit: while the technology stack generates recurring revenue and data insights attractive to strategic buyers, the real estate component allows us to present the business as a financeable asset to institutional or 1031 buyers. By structuring the deal with smart leverage and presenting an asset that can service debt with limited equity—often just a few hundred thousand dollars—we create a strong buyer pool. This hybrid approach gives us both downside protection and upside flexibility in exit scenarios.
DM me to check out my monthly reports or book a quick 15-minute call to talk parking strategy and the best of what I'm seeing.
from New York University in Newport Beach, CA, USA
from Dartmouth College in Los Angeles, CA, USA