Evoke Capital reposted this
CEO of Evoke Capital | Owns/Manages 2100+ lots with a groundbreaking investment model. Discover how our unique approach is changing the game for investors.
It’s no secret that Texas has seen an influx of residents in the past few years, more than DOUBLING the rest of the nation’s population growth rate at 16%. The rapid urban expansion in Texas has led to the displacement of those living in mobile home communities, due to prime land being targeted for redevelopment. This impacts approximately 2 million Texans (6.45% of the population). Community stability is one of the selling points for us as investors - the sticky tenant base that MHC’s provide translates to predictable, and consistent, income. The story of families in South Austin, who lost their homes due to park closures, serves as a good reminder of the human element behind each investment decision. By focusing on the improvement and preservation of mobile home parks, Evoke Capital provides a sustainable alternative to the disruptive practices of traditional development. Our strategy not only maintains affordable housing options but also ensures that existing communities thrive without the fear of displacement. This approach proves that it's possible to support community welfare and drive investor returns simultaneously, fostering a more inclusive future for our tenants. #investment #realestate #texasrealestate #tenantsatisfaction #affordablehousing #mobilehomecommunities https://lnkd.in/gsvVdcGv
Agreed, great post and thanks for sharing Pasha.
Well said sir. Thank you for sharing!
Manufactured Home Sales Consultant and Trainer | Transforming the Manufactured Home Sales Industry and Sales Culture: Maverick Sales Trainer | Disruptor of the Status Quo | Champion of Excellence
6moThank you for sharing and more importantly for doing things right!