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....
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Sun Communities: Wonderful Stock At A Decent Price