SUI - Sun Communities: Wonderful Stock At A Decent Price

2024-03-06 08:10:00 ET

Summary

• Sun Communities is a leading REIT in the manufactured housing, RV, and marina segments with a consistent track record of growth and strong shareholder returns.
• SUI has maintained high occupancy rates and strong same-property NOI growth over the past year.
• The company's favorable supply/demand dynamics, focus on property development, and reasonable valuation make it an attractive investment opportunity.

It's an open secret that manufactured housing is a great place to be for the long-term, due to sticky tenant relationships and lease-up opportunities in a fragmented market....

For further details see: