With over 5,200 mobile home parks in Florida, it’s estimated
that about 1 in 5 are in a high-hazard flood zone. In the two counties with the
highest rates of coverage – Monroe and Collier – only half the homes are
insured. This leaves most mobile home residents, who happen to be on the low-income
end of the spectrum, in a pickle with a large amount of damage to their homes.
82% of th….
It’s a realization slowing coming full-circle that the
development of accurately-produced housing models (i.e. manufactured homes) are
starting to shift from an alternative to an increasingly first-choice approach
to construction. Not because offsite construction is trying to displace
traditional methods, but to generation additional housing capac…
“Time is money and modular housing construction can save
both.” In a time when the need for affordable housing is so dire, providers are
looking for new ways to address that problem while also being efficient with
time and money. Due to lack of talent and labor force, on-site builders cannot
build on the timeline they used to be able to, causing developers to look at
modular housing as a possible solut…
Bascom Arizona Ventures has just recently acquired three
apartment communities in Tucson & Sierra Vista, Arizona for $70,225,000, or
$86,484 per unit. Marcus & Millichap represented both the buyer and the
seller. All three communities are equipped with a resort-style swimming pool,
spa, 24-hour fitness center, business center, and private garages. Portfolio
Manager of Bascom Arizona Ventures, Mark Brotherton, says, “The Southern
Arizona portfolio provides us with an exceptional opportunity to acquire
another multifamily portfolio in a recovering mar…”
Four motels sitting along the Benson Highway have been sold
to investors and converted to apartments for rent. The Owl Lodge, Wagon Wheel
Inn, Stagecoach Inn, and Mesa Lodge have a combined 55 units that sold for $1.3
million to Arizona-based private multifamily inves…
No comments:
Post a Comment