Why Mobile Home Parks?

The need for quality, affordable housing has never been greater. Today’s manufactured homes can deliver outstanding quality and performance at prices that are up to 50 percent less per square foot than conventional site-built homes. There are over 39,000 manufactured home communities in the United States which provide homes to over 22 million people (6.77% of the US population). With the average price per square foot for a site-built home being $107, manufactured housing provides an economic alternative for home ownership with an average price per square foot of only $49. These savings allow more and more Americans to own their own home, even in the face of an ever-widening housing affordability gap.

The affordability of manufactured housing is due to the efficiencies of the factory-building process. Manufactured homes are constructed with standard building materials, and are built almost entirely off-site in a factory. The controlled construction environment and assembly line techniques remove many of the problems encountered during traditional home construction, such as weather, theft, vandalism, damage to building products and materials, and unskilled labor. Factory employees are trained and managed more effectively and efficiently than the system of contracted labor employed by the site-built home construction industry. 

Much like other assembly line operations, manufactured homes benefit from the economies of scale resulting from purchasing large quantities of materials, products and appliances. Manufactured home builders can negotiate substantial savings on many components used in building a home, with these savings passed on directly to the home buyer.

Technological advances, evolutionary designs, and a focus on delivering quality homes that families can afford are the driving forces within the manufactured housing industry. That’s why more people are turning to manufactured housing to deliver homes that fit their needs and wants, at prices they can afford.

Here at Apex Capital Investors, LLC, we foresee the mobile home park industry to continue on the current trajectory of being in high demand with tremendous growth opportunities on future investments.

Source: 2018 Manufactured Housing Facts by Manufactured Housing Institute (MHI)