“Mom-and-Pop” Manufactured Home Communities Might Be the Next Frontier for Investment in the Sector
by Sebastian Obando, www.nreionline.com
As institutional players take over larger communities, smaller investors can benefit by looking at communities with under 100 home sites.
Industry experts see plenty of room for growth in the manufactured home communities sector, particularly among the smaller properties.
Often referred to as mobile homes or trailers, manufactured home communities are, in fact, a specific type of factory-built housing, constructed in accordance with the U.S. Department of Housing and Urban Development’s (HUD’s) Manufactured Home Construction and Safety Standards Code. They should be distinguished from RVs, trailers and park-model homes.
Manufactured homes are an important source of affordable housing, particularly for rural and low-income residents, according to experts. Read More.