Noting that his HAS Income Opportunity Fund 1 has delivered upwards of 15 percent return through the end of 2014, Stephen Wheeler, HAS Capital’s Chairman says, “Returns from MH (manufactured housing) related investments are outpacing investments in other real estate sub-sectors. Consistent high return opportunities are available to MH investors, making this strategy worthy of consideration by investors seeking higher, stable, long-term current returns.”

According to nasdaq, he states investment in this real estate sector will be very profitable over the coming five to seven years. “As a non-subsidized sustainable source of affordable housing, demand for MH will increase. Increased occupancy and growing MH home production provide evidence that overall MH demand is on the rise and will generate ongoing investment opportunities,” he added.

Wheeler says because there is no secondary market for MH mortgages, “owners of these mortgage assets will sell or finance performing assets at a discount.” He says returns on MH investments exceed ten percent year over year and provide significant cash returns.

As MHProNews understands, Wheeler says demand for MH is rising; but if the growth of new manufactured home communities continues slowly, and local jurisdictions are reluctant to allow the siting of MH, the value of MH real estate will continue to rise. ##

(Image credit: housingwire)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.