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They also had $92.3 million in manufactured home park loans at variable rates, typically 4% over prime. [5] [3] In 2018–2019, Legacy acquired five plots of land to develop into manufactured home communities, including 400 acres near Austin, Texas for $4.4 million in April 2018. [3]
As of May 2011, the median price of a home in Santa Clara was $498,000, [8] while the most expensive manufactured home with all the premium features was only $249,000. [9] This drastic price difference is due to the fact that manufactured homes are typically placed in communities where individuals do not own the land, but instead pay a monthly ...
Prefabricated homes, often referred to as prefab homes or simply prefabs, are specialist dwelling types of prefabricated building, which are manufactured off-site in advance, usually in standard sections that can be easily shipped and assembled.
Champion Homes was founded in 1953 as a single manufacturing facility in the small town of Dryden in rural Michigan by Walter W. Clark and Henry E. George. [4]In 2005, Champion was the first manufacturer to build privatized modular housing for the military.
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