Why invest in Manufactured Home Communities (MHC)?
As an investor our highest priority is two-fold protecting our capital and growing it. Ultimately the reason to invest in MHC’s is simple.
- MHC’s offer a potential for higher returns – Typically substantially higher than other multi-family investments.
- Steady demand – Regardless of the direction of the economy there will always be a need for low rent housing options.
- Consistency of tenants – Primarily due to extremely high costs of moving a mobile home. 10-15% annual turnover vs >60% for apartments.
- Extreme barriers to entry – Limited competition from new mobile home park developments due to restrictive city zoning creates limited competition.
We know MHC’s can be an excellent investment vehicle when done correctly. We are here to help achieve your goals.