10th annual Allen report lists largest community operators

Article Abstract:

Owners and operators of manufactured home land-lease communities in the US and Canada are listed in the 10th annual Allen Report. The respondents represented include sole proprietors of 500 or more rental homesites, real estate investment trusts (REIT), private and public firms and limited and general partnerships. The 10 largest owners/operators reportedly managed 994 properties, while the REITs operated a total of 519 properties covering 260,370 rental homesites. Some of the owners and operators listed in the report include Chateau Communities and Follette Investment Properties.

Contracts, Real estate industry, Directory, Land use

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Estimating the value of manufactured homes

Article Abstract:

Making market-comparisons and hiring an appraisal service are the two means of estimating manufactured home value. The 'comparison-shopping' approach requires knowledge of current prices of manufactured homes of equal size and condition and an assessment of the community site. Five cost guides may be utilized for valuation purposes. These are Boeckh, NADA, Kelley Blue Book, Marshall and Swift's and Mobile/Manufactured Home Blue Book. Hiring a certified appraiser such as Datacomp can also be considered because they provide more detailed valuation.

Real Estate Appraisers, Offices of Real Estate Appraisers, Standards, Services, Pricing, Valuation

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Allen reit index quarterly report

Article Abstract:

The Allen REIT Index is a new quarterly feature that monitors the evolution of the major real estate investment trusts (REIT). It provides investors a selection of information from which they can challenge corporate officers to be more accessible with periodic data on their properties. The chart will be published quarterly as a continuous reference for those who want a genuine view of the public sector of the manufactured home land-lease community industry.

Real estate investment trusts, Real Estate Invest Trusts, Securities

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