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Small manufactured home communities are candidates for investment

Smaller owners of manufactured home parks are ripe for investment as institutional investors acquire portfolios of larger properties in the asset class. Hansel Rodriguez, principal at COARE Communities, says the internal rate of return on manufactured housing can range from 15% to 20%, while John Pawlowski, senior analyst at Green Street Advisors, says it averages around 7%. National Real Estate Investor online (3/13)

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