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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.
One firm, Stockbridge Capital Group, owner of about 200 mobile-home parks throughout the US, "saw a return on investment of more than 30 percent between late 2016 and the end of 2017." [14] The company's expansion into this market was facilitated by $1.3 billion in financing from Fannie Mae, which has called mobile homes "inherently affordable."
One subset of mobile home parks, retirement communities, restrict residents to those age 55 and older. Another subset of mobile home parks, seasonal communities, are located in popular vacation destinations or are used as a location for summer homes. In New York State, as of 2019, there were 1,811 parks with 83,929 homes. [12]
Manufactured home parks refer to housing estates where the house owner rents the land instead of owning it. This is quite common in Queensland in both the form of tourist parks and over fifty estates. The term transportable homes tends to be used to refer to houses that are built on land that is owned by the house owner. [citation needed]
Map symbol used by the U.S. National Park Service to indicate an RV campground A European town campground in Tralee, Ireland. A recreational vehicle park (RV park) or caravan park is a place where people with recreational vehicles can stay overnight, or longer, in allotted spaces known as "sites" or "campsites".
Lazydays RV is an American company specializing in the sales and service of recreational vehicles, RV rentals, parts and accessories. The company was founded in 1976 and operates 26 locations in 15 states, including Tucson, Arizona; Denver, Loveland, Colorado and Elkhart, Indiana, [2] Minneapolis, Minnesota; Knoxville, Tennessee; Houston, Texas; The Villages, Florida; and its headquarters in ...
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During WW2 RV production was halted in most countries except when required as accommodation for military personnel or essential workers. [25] Between 1945 and 1960, RVs flourished in many western countries as disposable income and leisure time grew. Dedicated RV parks were established to cater to the needs of both short and long-term RV users ...