Thesis
The manufactured housing sector provides a rare combination of stability and potential for future growth. High rental collections amidst the coronavirus pandemic, as well as strong rental rate growth, make the manufactured housing sector an attractive investment opportunity. Manufactured Housing Properties (MHPC) is designed to benefit from emerging demographic and economic trends, including the rise of the baby boomers, migration to the southeast, and lack of new affordable housing supply. The company distinguishes itself from other publicly-traded manufactured housing REITs with its focus on the southeast and its ability to make acquisitions that will