Manufactured Housing Properties Inc. (MHP)

About Manufactured Housing Properties Inc. (MHP)

Manufactured Housing Properties Inc. (MHP) is a real estate operator. Manufactured Housing Properties Inc. (MHP) operates in Asheville, North Carolina, Charlotte, North Carolina and Columbia, South Carolina. Its investment focus is on Affordable Housing and Manufactured Housing.

Manufactured Housing Properties Inc. (traded under the ticker MHPC on the OTC market) is a publicly reporting real estate operating company headquartered at 136 Main Street in Pineville, North Carolina. Founded via merger in October 2017 and led by Chief Executive Officer Raymond M. Gee, the firm operates with a lean executive and operational team specializing in the acquisition, ownership, and management of affordable residential communities. The company's platform focuses on identifying and acquiring both stable and underperforming manufactured housing communities located in growing metropolitan and suburban corridors across the southeastern United States. Its vertically integrated business model encompasses direct site management, infrastructure upgrades, community infill execution, and the selective placement and leasing of company-owned manufactured homes to maximize resident retention and operating efficiency. As of its recent reporting milestones, the firm's expanding regional footprint comprises 58 communities encompassing over 3,100 developed home sites across North Carolina, South Carolina, and Tennessee, maintaining a strong average portfolio occupancy rate of approximately 91% to 94%.

Principals at Manufactured Housing Properties Inc. (MHP)