Michigan Manufactured Home Community Rents Show 5% Growth

By Samantha Herron.
Updated Feb 8, 2022

GRAND RAPIDS, Mich. (PRWEB) February 08, 2022 - February JLT Market Reports from Datacomp Cover Manufactured Home Community Data in 17 Michigan Markets

Datacomp, the publisher of JLT Market Reports and the nations #1 provider of market data for the manufactured housing industry, announces the publication of its February 2022 mobile home rent comps, occupancy, and other vital data on Michigan manufactured home communities.

Recognized as the industry standard for manufactured home community market analysis for more than 20 years, JLT Market Reports provide detailed research and information on manufactured home communities located in 187 primary housing markets throughout the United States.

This includes the latest rent trends and statistics, marketing programs, and a variety of other useful management insights.

Datacomps manufactured housing market data published in the February 2022 JLT Market Reports includes information on investment-grade all ages and 55+ manufactured home communities. Altogether, the Michigan reports include data representations for 124,717 homesites.

Midwest Trends in Manufactured Housing Community Rent, Occupancy

Adjusted rent throughout Michigan increased moderately, with only a pair of counties showing double-digit increases among the retirement communities, Datacomp Co-President and Chief Business Development Officer Darren Krolewski said.

Whats in 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:

Established reports show trends in each market with a comparison of February 2022 rents and occupancy rates to February 2021. In addition, JLT Market Reports include a historical recap of rents and occupancy from 1996 to the present date in most markets.

The February 2022 JLT Market Reports for 17 markets in Michigan are available for purchase and immediate download online at the Datacomp JLT Market Reports, 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 decisions.

About JLT Market Reports For more than 20 years, countless professionals have trusted JLT Market Reports for timely and accurate management reports on land-lease manufactured home communities. JLT Market Reports are currently published for 186 markets nationwide and are recognized as the industry standard for manufactured housing industry data. In 2014, JLT & Associates merged its resources, skills, and expertise with Datacomp, the industrys oldest and largest national manufactured home appraisal company and number one provider of market data for the manufactured housing industry, and MHVillage, the premier website for advertising mobile homes for rent and sale nationwide and publisher of the MHInsider trade magazine for manufactured housing news. For more information, or to purchase complete JLT Market Reports, call (800) 588-5426 or visit http://www.datacompusa.com/JLT.