Datacomp today announced the publication of its June 2020 JLT Reports for mobile home rent comps, occupancy, and other vital data from Iowa, Nebraska, South Carolina, and Virginia manufactured home communities.
JLT Market Reports provide detailed research and information on communities in 184 major housing markets throughout the United States. These include the latest rent trends and statistics, marketing programs and a variety of other useful management insights.
Datacomp publishes the JLT Market Reports and is the nation’s #1 provider of market data for the manufactured housing industry. JLT Market Reports are recognized as the industry standard for manufactured home community market analysis.
June 2020 manufactured housing market data published in JLT Market Reports for Iowa, Nebraska, South Carolina, and Virginia include information on 178 “All ages” and “55+” manufactured home communities.
Altogether, the reports from Iowa, Nebraska, South Carolina, and Virginia manufactured home communities include data representations for 32,781 homesites.
Regional Trends in Manufactured Housing Community Rent and Occupancy
- Midwest region manufactured home communities show a year-over-year 1.3% increase in occupancy and a 3.6% increase in adjusted rents.
- Northeast region manufactured home communities show a year-over-year 0.2% increase in occupancy and a 2.9% increase in adjusted rent.
- South region manufactured home communities show a year-over-year 0.8% increase in occupancy and a 4.3% increase in adjusted rent.
“Occupancy for manufactured home communities in the four states was very stable year-over-year, and the reports show moderate increases in adjusted average rent in nearly every market,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “Occupancy was down slightly in one Iowa market, and rent was flat in one Virginia market.”
More About JLT Market Reports
Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment grade communities in the major markets. The detailed information includes:
- Number of homesites
- Occupancy rates
- Average community rents, and increases
- Community amenities
- Vacant lots
- Repossessed and inventory homes, and much more
JLT Market Reports also include management insights that rank communities by number of homesites, occupancy rates, and highest to lowest rents. Established reports show trends in each market with a comparison of June 2020 rents and occupancy rates to June 2019, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The June 2020 JLT Market Reports for manufactured home communities in Iowa, Nebraska, South Carolina, and Virginia are available for purchase and immediate download online at the Datacomp JLT Market Report website, or they may be ordered by phone in electronic or printed editions at (800) 588-5426.
Each fully updated report for mobile home communities is a comprehensive look at investment grade properties within a market, enabling owners and managers, lenders, appraisers, brokers, and other organizations to effectively benchmark those communities and make informed business decisions.
