George Allen / EducateMHC Blog Mobile Home & Land Lease Community Advocate & Expert

September 22, 2022

What You Need to Know for This Week

Filed under: Uncategorized — George Allen @ 6:38 am

Blog Posting # 707. Copyright 23 September 2022. EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!
EducateMHC is the online national advocate, realty asset class historian, trend spotter, education resource, & textbook supplier for land lease communities throughout North America!
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What You Need to Know for This Week

From a faithful blog reader: “So sad to hear about John Boll and Steve Waite. I knew Steve and learned early on about John’s legacy. And your first paragraph about overvalued land lease communities is simply ‘the same story, new decade’! Wall Street guys throw their money into the manufactured housing industry and get burned – every time! I well remember how many independent (street) MHRetailers sold their businesses, circa 2007. The ones who took stock got suckered and lost big time! Those who took cash won big time! And some were able to buy back their former business at a steep discount!” The MH industry simply ‘spins’ the wheel’ every 25+/- years! “(Edited. GFA)

Clear proof of these sorry phenomena? Year 2022 – 1998 (our last ‘big year’ for new MH shipments) = 24 years; and, 1998 – 25 years = 1973 (When 579,940 new ‘mobile homes’ were shipped nationwide!). These production statistics quoted from SWAN SONG, ‘History of land Lease Community Real Estate Asset Class (1970 to present day) & Official Record of Manufactured Housing Shipments (1955 to present day)’, George Allen. Book available for purchase via

According to MULTIFAMILY EXECUTIVE magazine for September 2022, “The average U.S. asking (conventional apartment unit) rent in July is $1,717.00, up $10.00 from the previous month.” So, what does that mean for rental homesites in land lease communities on average across the U.S.? Simply divide the $1,717 figure by ‘3’ to calculate $572. Estimated rental homesite rate. But remember, rental housing market rates are all local; ranging from below $200/month in rural south locations and up to $1,500/month is select high rent areas, e.g. Newport Beach, California and Lewes, Delaware, for starters – where land lease communities are concerned.


I’m oft asked about heretofore (‘before this time’) standout personalities in the manufactured housing business, among land lease community owners/operators, and related fields of endeavor. Have two for you this week.

Remember Chrissy Jackson, ACM? Well, according to my research, she is happily retired in St. Petersburg, FL., and part of the time enjoys being a ‘discussion colleague’ for the Academy of Senior Professionals at private Eckerd College in that city.

Many of us knew and enjoyed being with Mary Frances de la Pava, founder and owner of the Jefferson Group in Arlington, VA. She marketed land lease communities throughout the east. Now retired, she spends her time with her daughter Carla’s family.


Last chance to register and participate! As many of you know, Carolyn and I will be attending ‘the first and only reunion’ of USMC officers I trained with during late 1967 and early 1968. We’re convening in Quantico, VA., next week for 3 ½ days. Expecting to renew friendships with 50 fellow officers from nearly 60 years ago.

And then I’ll be flying down to Atlanta to participate in the 11th annual SECO Conference for land lease community owners/operators from throughout the U.S.. This is the largest annual gathering of land lease community owners/operators – for property management education, viewing new HUD-Code manufactured homes, and best interpersonal networking available anywhere in our industry and realty asset class! Hope to see you there!


George Allen, CPM, MHM

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