Datacomp today announced the publication of its May 2020 Florida JLT Reports for manufactured home community rent and occupancy.
JLT Market Reports provide detailed research and information on communities in nearly 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. The state of Florida is the largest market area for manufactured homes in the United States.
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.
May 2020 manufactured housing market data published in JLT Market Reports for Florida includes information on 761 “All ages” and “55+” manufactured home communities.
Altogether, the reports on Florida manufactured home communities include data representations for 206,445 homesites.
Florida Statewide Trends in Manufactured Housing Community Rent and Occupancy
- Florida all-ages communities experienced a 1.6% increase in occupancy and a 4.3% increase in rent.
- Florida 55+ communities experienced a 0.4% increase in occupancy and a 4.6% increase in rent.
“Our May 2020 publication includes 29 reports from across the state of Florida,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “Adjusted rent increased in all but two Florida markets compared with May 2019, and a majority of markets experienced at least slight increases in community occupancy.”
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 May 2020 rents and occupancy rates to May 2019, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The May 2020 JLT Market Reports for Florida manufactured home communities 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.