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Since its inception in 1997, the acquisition and development strategy at Continental Communities remains the same – pursuing both single-asset and multi-asset acquisition opportunities. Committed to providing an affordable, unparalleled quality of life, Continental Communities acquires quality manufactured housing community and park model / recreational vehicle resorts (both “family-oriented” and “age-restricted”) that are located in areas where economic and demographic trends are deemed favorable over the long-term. Under select circumstances, The Company will also pursue development-oriented transactions.
In general, Continental Communities focuses on single- and multi-asset investment and development opportunities that exhibit the following general characteristics:
- Exhibit Favorable "Home Affordability Index"
- Minimum Size of 150 – 200 Home Sites
- Location in Proximity to Major Metropolitan Area(s)
- Quality Amenities Relative to Local Market
- Home Sites Large Enough to Accommodate Modern Homes
- Higher Quality Assets (“3 1/2 – 5” Star)
Within the above strategy, the Company incorporates a “beachhead” approach to regional growth; that is, acquisition / development efforts are focused on local market areas where the opportunity exists to assemble regional portfolios of at least 500 - 1,000 home sites over a relatively short time frame.
If you are interested in exploring the sale of your community with a company that prides itself on conducting transactions quickly and confidentially, please contact us today.
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