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Private company

Mobile Infrastructure Corp

American real estate investment trust, incorporated in Maryland1

In its 2023 annual report the company says: “The Company focuses on acquiring, owning and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The Company also owns approximately 0.2 million square feet of commercial space adjacent to its parking facilities.”46 It is headquartered in Cincinnati, Ohio.1

Last updated Oct 21, 2026.

Overview

  • IndustryReal Estate Investment Trusts1
  • HeadquartersCincinnati, Ohio1
  • Incorporated inMD2
  • Business address30 W. 4Th Street, Cincinnati, Oh 452022
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-27.9%Net margin3
42.5%Revenue growth, 20223
-9.3%Return on equity3
1.69×Debt to equity3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Other costs56¢$16.2M
  • Interest44¢$12.9M
  • Income tax0¢$29.0K

Out of $29.1M in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2022

  • Kept or used elsewhere100¢$1.5M

Out of $1.5M of cash from operations.3

Financial statements

Revenue456783$29.1M in 2022+1717% since 2016
0$10.0M$20.0M$30.0M2016: $1.6M$1.6M20162017: $10.4M$10.4M2017+548%2018: $22.1M$22.1M2018+113%2019: $22.8M$22.8M2019+3%2020: $16.6M$16.6M2020−27%2021: $20.4M$20.4M2021+23%2022: $29.1M$29.1M2022+42%
Operating income4567-$16.0M in 2020+299% since 2016
-$40.0M-$30.0M-$20.0M-$10.0M0$10.0M2016: -$4.0M-$4.0M20162017: -$7.3M-$7.3M2017+83%2018: $2.0M$2.0M20182019: -$35.8M-$35.8M20192020: -$16.0M-$16.0M2020−55%
Net income456783-$8.1M in 2022+96% since 2016
-$60.0M-$40.0M-$20.0M02016: -$4.2M-$4.2M20162017: -$10.3M-$10.3M2017+148%2018: -$4.9M-$4.9M2018−52%2019: -$42.5M-$42.5M2019+763%2020: -$24.0M-$24.0M2020−43%2021: -$11.1M-$11.1M2021−54%2022: -$8.1M-$8.1M2022−27%
Fiscal year2016201720182019202020212022
Revenue$1.6M4$10.4M5$22.1M6$22.8M7$16.6M8$20.4M3$29.1M3
Operating expenses$31.5M3$47.8M3
Operating income-$4.0M4-$7.3M5$2.0M6-$35.8M7-$16.0M7
Interest-$154.0K4-$4.7M5-$9.4M6$9.5M7$9.3M8$9.5M3$12.9M3
Income tax$31.0K3$29.0K3
Net income-$4.2M4-$10.3M5-$4.9M6-$42.5M7-$24.0M8-$11.1M3-$8.1M3
Earnings per share-$1.823-$1.433
Shares (weighted, basic)7.7M shares37.8M shares3

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Corporate structure

Mobile Infrastructure Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Mobile Infrastructure Corp

  • Color Up, LLC Filed SC 13D/A on Mobile Infrastructure Corp, latest Aug 25, 2023 (5 filings since Nov 9, 2021)
  • Mobile Infrastructure Corp Cincinnati, Ohio

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mobile Infrastructure Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land and buildings$166.2M3 Dec 31, 2022$166.2M3 Dec 31, 20210%
Construction in progress$1.2M3 Dec 31, 2022$89.0K3 Dec 31, 2021+1255.1%
Accumulated depreciation$94.0K8 Dec 31, 2021$78.0K8 Dec 31, 2020+20.5%
Property and equipment, net$210.0K3 Dec 31, 2022$61.0K3 Dec 31, 2021+244.3%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$419.1M3 Dec 31, 2022$407.6M3 Dec 31, 2021+2.8%
Real estate investments, at cost$450.1M3 Dec 31, 2022$430.4M3 Dec 31, 2021+4.6%
Real estate accumulated depreciation$31.1M3 Dec 31, 2022$22.9M3 Dec 31, 2021+35.8%
Real estate properties148 Dec 31, 2021157 Dec 31, 2020−6.7%
Area of real estate5.4 million sq ft3 Dec 31, 2022

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.8M3 Dec 31, 2022$11.8M3 Dec 31, 2021−51.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$10.1M3 Dec 31, 2022$9.8M3 Dec 31, 2021+3.6%
Accumulated amortization$2.3M3 Dec 31, 2022$1.5M3 Dec 31, 2021+49.9%

Leadership

Who has led Mobile Infrastructure Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Michael Shustek V.2017–2021
  2. Manuel Chavez Iii.2021–2024

Chair

  1. Michael Shustek V.2019–2021

President

  1. Michael Shustek V.2017
  2. Stephanie Hogue2021–2023

Chief financial officer

  1. Edwin H. Bentzen Iv.2017
  2. James Kevin Bland2021
  3. Stephanie Hogue2022–2023

Chief operating officer

  1. Toby Asbury2022
20202025
Board members and other officers (19)

Former names

  • Parking REIT, Inc.Nov 9, 2017 to Nov 12, 20212
  • MVP REIT II, Inc.Jun 22, 2015 to Dec 18, 20172

Timeline

  1. Aug 10, 20238-K Shareholder vote33
  2. Jul 28, 20238-K Executive or director change34
  3. Jun 16, 20238-K Entered a material agreement; Other events35
  4. May 17, 20238-K Other events36
  5. May 11, 20238-K Entered a material agreement; Other events37
  6. May 1, 20238-K Other events38
  7. Mar 23, 20238-K Entered a material agreement; Other events39
  8. Mar 20, 20238-K Executive or director change40
  9. Feb 6, 20238-K Executive or director change; Other events41
  10. Jan 13, 20238-K Regulation FD disclosure42
  11. Jan 3, 20238-K Executive or director change43
  12. Dec 14, 20228-K Entered a material agreement; Ended a material agreement; Executive or director change44
  13. Aug 27, 2021New chief executive Manuel Chavez Iii. becomes CEO11
  14. Mar 16, 2017New chief executive Michael Shustek V. becomes CEO12

Filings

104 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 32 major events, 31 insider forms, 5 large holders, 28 other. The latest 20:

  1. May 21, 20244 EDGAR
  2. Sep 14, 20234 EDGAR
  3. Aug 25, 202315-12G CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION EDGAR
  4. Aug 25, 2023SC 13D/A SCHEDULE 13D/A EDGAR
  5. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  6. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  7. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  8. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  9. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  10. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  11. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  12. Aug 25, 20234 FORM 4 SUBMISSION EDGAR
  13. Aug 14, 202310-Q EDGAR
  14. Aug 10, 20238-K CURRENT REPORT EDGAR
  15. Aug 2, 2023DEFA14A EDGAR
  16. Aug 2, 2023425 EDGAR
  17. Jul 28, 20238-K CURRENT REPORT EDGAR
  18. Jul 24, 2023DEFA14A EDGAR
  19. Jul 24, 2023425 EDGAR
  20. Jul 11, 2023DEFM14A EDGAR

The 104 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

7 open-market trades by officers, directors and large owners since October 2021: 7 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 20, 2024Chavez Manuel IIICEOBuy9,375$3.49$32.7KForm 4
Sep 12, 2023Hogue StephaniePresident & CFOBuy270$6.44$1.7KForm 4
Nov 8, 2021Color Up, LLC10% ownerBuy900,506$11.75$10.6MForm 4
Nov 8, 2021HSCP Strategic III L.P.10% ownerBuy900,506$11.75$10.6MForm 4
Nov 8, 2021Chavez Manuel IIICEOBuy900,506$11.75$10.6MForm 4
Nov 8, 2021Chavez Manuel IIICEOBuy900,506$11.75$10.6MForm 4
Nov 8, 2021Chavez Manuel IIICEOBuy900,506$11.75$10.6MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Mobile Infrastructure Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMobile Infrastructure Corp1
  • CIK0001642985
  • Employer ID (EIN)47-39458821
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inMaryland1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6798 Real Estate Investment Trusts1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address30 W. 4Th Street, Cincinnati, OH 452021
  • Phone702-534-55771
  • Shares outstanding7,762,375 as of Aug 14, 202310
  • Public float$0 as of Jun 30, 20223
  • On EDGAR sinceJun 22, 20151
  • Filings361 in all: 8-K (104), 4 (49), 8-K/A (31), 10-Q (23), 3 (22), 424B3 (16), DEFA14A (14), 425 (12)1
    All 37 form types

    SC 13D/A (11), 10-K (8), CORRESP (8), UPLOAD (7), D/A (5), DEF 14A (5), EFFECT (5), NT 10-Q (5), S-11/A (4), 10-Q/A (3), D (3), POS AM (3), 4/A (2), S-11 (2), S-4/A (2), SC 13D (2), SC 14D9/A (2), SC TO-T/A (2), 10-K/A (1), 15-12G (1), 8-A12G (1), DEFM14A (1), DRS (1), NT 10-K (1), PRE 14A (1), RW (1), S-4 (1), SC 14D9 (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 22, 2023
    Quarterly report (10-Q) Aug 14, 2023
    Proxy statement (DEF 14A) Nov 16, 2021
    Latest 8-K (8-K) Aug 10, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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