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Sun Communities (NYSE: SUI) is a manufactured housing real estate investment trust (REIT). To decide if you want to buy, sell, or hold this REIT, you need to look at what's happening today ...
Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle communities, and marinas. As of June 30 2024, the company owned interests in 666 such properties in the United States, Canada, and the UK consisting of approximately 181,760 developed sites and over 48,140 wet slips and dry storage spaces.
The other half of Sun Communities is lifestyle-based, consisting of RV parks and marinas. As with mobile home parks, there's limited growth opportunity with these assets.
Sun Communities is the largest publicly traded owner and operator of manufactured housing communities (288 properties with 97,000 sites), RV communities (179 best-in-class locations with 59,000 ...
A mobile home park in Bradenton, Florida. A trailer park, caravan park, mobile home park, mobile home community or manufactured home community is a temporary or permanent area for mobile homes and travel trailers. Advantages include low cost compared to other housing, and quick and easy moving to a new area (for example, when taking a job in a ...
In 2006, the company changed its name from United Mobile Homes, Inc. to UMH Properties, Inc. In 2013, the company acquired Holiday Mobile Village in Nashville, Tennessee for $7.25 million. [3] In 2014, the company acquired 4 communities in Pennsylvania for $12.2 million [4] [5] and 10 communities in Ohio for $30.4 million [6]
But amid a good year for REITs, one that was left out in the cold was Sun Communities (NYSE: SUI), which mainly invests in manufactured home communities, RV communities, and marinas. Sun's stock ...
The parkcenter of Sunparks Kempense Meren. In 1981 Sun International opened the first Park in Oostduinkerke, called Sunclub Groendijk.In 1987 they built a second park in De Haan which would get a covered park centre (based on the idea of Center Parks), so it was suitable for all climatic conditions.