Residents are Owners
The most unique characteristic of MHPs is that the residents own the homes. They handle any repairs to their home and pay monthly rent for the lot their home sits on. Unlike renters, they have homeownership and rarely move, resulting in low turnover and extremely stable cash flow.
The demand for mobile homes has never been higher. They offer a low-cost alternative in today’s expensive real estate market, and their popularity will continue to increase with our country’s affordable housing crisis.
Stable Cash Flow
Due to low resident turnover and the high demand for affordable housing, mobile home communities can deliver stable cash flow, even through challenging market conditions.
Uncorrelated Performance Through Market Cycles
Performance is not correlated with the stock market, the economy, or the broader real estate market. When everything else is in chaos, mobile home park investments can offer the most predictable cash flow with the least amount of volatility.