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Posts Tagged ‘amenities’

News from the Middle East about Michigan

September 10th, 2013 Comments off

The foreign press has picked up an advertorial, evidently from the Michigan Manufactured Housing Association in Okemos, MI, promoting manufactured housing communities (MHC). The Middle East North Africa Financial Network (MENAFN) emphasizes the ideal amenities, options, services, and other positive attributes of living in an MHC in MI, although with a host of errors in the copy. Check it out here. As MHProNews understands, more proof word is out about the MH industry.

(Photo credit: Triangle Mobile Home Park–Battle Creek, Mich.)

Modular Swinging Upscale

February 4th, 2013 Comments off

Seacoastonline reports from Saddle River, New Jersey that the image of factory-built homes is notching up, as investors and high-end home shoppers see the benefits of an energy-efficient modular home with all the amenities and strength of a site-built home, customized to order via a 3D monitor and working with a design team. Robert Caruso, owner of Big Sky Custom Homes in Ho-Ho-Kus, N.J., the exclusive New Jersey builder for Westchester Modular Homes of Wingdale, N.Y., says, “We’re getting away from the old-school way of sitting down with a catalog and picking a house. Whereas now we’re pretty much open to build almost anything you want.” Noting three percent of U. S. homes are modular, Edward Mathis, listing agent for an upscale modular Excel Homes home, says when he shows the home to prospects they think it is site-built. As MHProNews has learned, Saddle River is near the NJ-NY line just west of the Hudson River and has some very expensive houses.

(Photo credit: Sica Homes)

Senior Housing Needs on the Rise

January 23rd, 2013 Comments off

The National Association of Home Builders (NAHB) says the demand for housingfor those 55 and older will increase through 2020 as the boomers age. Says the NAHB’s Paul Emrath, “We expect to see an increased demand for 55+ housing as more baby boomers turn 55 and seek homes and communities that offer the lifestyle they desire. NAHB is projecting that the number of housing starts in 55+ communities will increase 22 percent to 74,302 units in 2013, and another 20 percent to 89,071 in 2014.” He says walking/jogging trails and green space are the two amenities with the biggest draw for the 55 and older demographic. As MHProNews understands, 7,000-10,000 people in this country hit 65 each day.

(Photo credit: Dept. of Housing and Urban Development)

MH Sales Rise in Florida

November 30th, 2012 Comments off

The Cape Coral Daily Breeze tells MHProNews sales of manufactured homes and homesites have begun early in North Fort Myers, Fla. Margaret Black of Horizon Village Co-op, Inc. says this summer was the busiest she’s ever seen at Horizon, a resident-owned 55+ community of half shareholders and half renters. “Our annual sales jumped by 30 percent in 2011 and 2012 over the previous years,” she said. Bob Duncan of nearby Windmill Village, noting sales of homes are up at this Equity LifeStyle Properties MHC, says “We are also bringing in some more new homes next month because of the growth.” Christopher O. Jackson of North Fort Myers Chamber of Commerce says, “Today’s communities are more upscale with larger homes, lots and amenities. Manufactured homes of years ago were about 12-14 feet wide. Today’s homes can be up to 18 feet wide and up to 80 feet long, a far cry from several decades ago.”

(Photo credit: MHVillage/Windmill Village)

MHCs Should have Amenities like other Neighborhoods

November 28th, 2012 Comments off

The Santa Fe New Mexican says as the city is preparing to annex land that includes MHCs, Santa Fe City Councilor Carmichael Dominguez wants to ensure that new manufactured housing developments comply with the same standards as other new neighborhoods, which includes sidewalks, drainage, landscaping and parks. Further, acknowledging the change is also one of terminology, he wants to change the wording in the city code from “mobile home” to “manufactured housing” to reflect current day realities, citing HUD’s regulation of the production of manufactured housing since 1976. As MHProNews has learned, Dominguez hopes to encourage landowners to redevelop property with better amenities.

(Photo credit: manufacturedhomesource)

Sun Acquires Fla. RV Community

November 8th, 2012 Comments off

MHProNews has learned the 127-acre RV community Rainbow RV Resort in Frostproof, Fla. has been sold to Sun Communities, Inc. of Southfield, Mich. Brokered by Marcus & Millichap, Rainbow is located in central Fla. east of Tampa, and offers a large heated swimming pool, a 15,000 square foot modern clubhouse with numerous amenities and activities, and two spas. Built in 2000, Rainbow is a five star 55+ gated community. Dan Mulkey, of M & M, says, “Rainbow RV is a beautiful community, having all lots large enough to accommodate permanent park model homes. Every year more permanent units are added, providing a stabilized income going forward. The park enjoys many of the same campers returning each year, adding to its stability.” Sun is a REIT that owns and operates 165 manufactured home and RV communities comprised of 57,700 developed sites. The selling price was not immediately available.

(Photo credit: Marcus & Millichap)

2012 Manufactured Home Buyer’s Survey

August 14th, 2012 Comments off

mhbuyer's-survey-MHVillage-MHProNewsA survey of manufactured home buyers was done recently by an industry-leading business-to-consumer service provider.

 

The survey by MHVillage revealed the following results.

 

 

 

How soon would you like to move?

Now 22%
Next Month 25%
Next 6 Months 26%
Next Year 10%
Just Looking 17%

Are you looking to rent or purchase a home?

Buying 67%
Renting 33%

Which of the below will most influence your decision where to live?

Price 33%
Living in a single family home 5%
Amenities (pool, recreation center, etc.) 6%
Location 43%
Activities 1%
Have a friend/relative that lives in the community 1%
Move-in specials 3%
Living in a brand new home 1%

MHProNews.com plans to publish the complete survey, which included insights on the budgets and payments of buyers. ##

(Graphic credit: MHVillage)

MHC in Florida Sold to Illinois Co.

June 21st, 2012 Comments off

SouthFloridaRealEstate tells us the Stoll Manor Mobile Home Park in Lakeland, Florida has been sold to an Illinois buyer for $2.15 million. Stoll Manor is an all-age community founded by C.J. Stoll in 1993 with 239 home sites and several exercise amenities. Dan Mulkey, investments vice president in the Tampa office of Marcus & Millichap (M&M) who engineered the deal, in a phone conversation told MHProNews that Donna Baylor, president of CJStoll, Inc. represented the seller. Mulkey supplied figures indicating M&M’s sales reached $17 billion in 2011, $346 million of which were National Manufactured Home Communities sales resulting from 69 transactions. While the buyer was not officially identified, one source told MHProNews that the buyer was Lakeshore. That has not yet been confirmed.

(Photo credit: citybizlist)

Home Building Trends for 2012

May 18th, 2012 1 comment

SeniorHousingNews tells MHProNews.com following the Great Depression about 25% of all households were multi-generational. That number fell to 12% during the 1980’s and climbed to 17% as people deal with the Great Recession. If that trend continues, the nation’s home builders may be developing more side-by-side houses, with one side better adapted for senior living. The National Association of Home Builders (NAHB) says the 55+ market represents the “largest growing group of buyers” as they become empty-nesters and downsize, adding, multi-generational is the top trend for home building in 2012. Other trends include more functionality of space, energy efficient designs, and expanded amenities such as laundry facilities in the master bedroom walk-in closet.

Photo credit: Senior-Housing)

MH Stats in N. Alabama

March 27th, 2012 Comments off

AL reports over 80 percent of the residents of Madison County, in northern Alabama, live in large apartment complexes, often with extensive amenities for the government contract workers in Huntsville. As a result, according to the U.S. Census, only 5.5 percent of the county live in manufactured housing, which distinguishes it from the rest of the state. A half acre lot costs about twice as much in Madison County as in neighboring Jackson County. MHProNews.com has determined four adjoining counties average 16.05 percent MH residents, including Jackson, where nearly 25 percent of the populace live in manufactured housing. The statewide percentage is 14.2 percent. Zoning restrictions prevent MH from siting in Huntsville outside an MHC, although modular homes are allowed. The availability of $85,000 tract homes in Madison County also cuts into the sale of similarly priced manufactured homes.

(Photo credit: Huntsville Times/Michael Mercier)