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THE OPPORTUNITY
CENTURY 21® Commercial sales professionals understand that evaluating commercial
real estate means understanding the potential return on investment. Whether this is
your first venture at entrepreneurship or you are a well-established business owner,
your interests are always our number-one priority. CENTURY 21 Commercial sales
professionals can help you to locate, evaluate and negotiate commercial real estate while
understanding your concerns, including asset value, productivity, efficiency and investment
preservation.
The CENTURY 21 Commercial Network realizes that investment value is based on your
specific objectives and offers assistance while keeping in line with your interests, goals and
capabilities.
MANUFACTURED HOUSING COMMUNITIES OVERVIEW
Manufactured housing communities can be a good option—whether you are looking to
buy, lease, or invest. These properties are communities where residents generally own
their homes and rent the land. The community may offer various amenities, such as a
pool, clubhouse, tennis courts and activities. Communities could have established
restrictions, such as age requirements for retirement living. Properties may be utilized
for income, tax relief and appreciation. However, you should consult with your tax advisor
about specific tax and financial advice.
PROPERTY CHARACTERISTICS
These communities are typically characterized by the total number of lots. Fully serviced
lots may include electrical, sewer and water hookup. Lots may also be seasonal or have
winterization capabilities for year-round occupancy. The land is usually rented on a yearly
lease, but communities might offer day or week terms, as well.
Evaluations may include many financials, as well as occupancy rate and geographic
location. Proximity to attractions, highways and cities, as well as other factors, may
contribute to the value of the property and influence decisions. CENTURY 21
professionals can facilitate the process of measuring cash flow, cap rate and net
operating income figures, all of which are factors when evaluating this type of investment.
SPECIAL CONSIDERATIONS
CENTURY 21 Commercial sales professionals can facilitate the process of analyzing
location, trends, populations and other demographics that may help to minimize risk.
In addition, CENTURY 21 Commercial sales professionals have access to resources
that can help to assess the challenges associated with zoning, environmental and
occupancy requirements. A Cash-Flow Model might also be used to analyze and estimate
an investment's income, expenses, and yield. The availability of forecasted conditions in
the real estate market and the impact on a given property may also be used to evaluate
each potential investment.
EXPERIENCE AT YOUR SERVICE
The CENTURY 21 Commercial practice enhances the distinguished reputation of the
Century 21 Real Estate Corporation—the franchisor of the world’s largest residential real
estate sales organization, providing comprehensive training, management, administrative
and marketing support for the CENTURY 21 System.
This System brings together industry resources, technology and the experience of more
than 142,000 trained professionals at independently owned and operated franchised
broker offices in more than 57 countries and territories worldwide.
www.century21.com/commercial
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