Motor Home Resorts Remain Solid Investment Despite Economic Downturn
With information headings seeming alarm systems like, “Joblessness on the Rise,” “Mortgage Crisis Unfolds,” “Record-Breaking Oil Prices,” and “Recession Looms,” one can quickly think that the U.S. economic climate is in for a significant down spiral. “Even though we’ve seen some remarkable financial changes– especially in the genuine estate market– Recreational vehicle hotels and produced home areas proceed to be audio financial investments,” claims Leon D. Meekcoms, President of Parkbridge Capital Group, Inc. (www.parkbridgecapital.com), an independently held actual estate purchase, brokerage firm, and financial investment company.
Meekcoms associates the stamina of the produced home and recreational vehicle hotel markets to 2 underlying elements: flourishing Baby Boomers on the brink of retiring are trending towards having inexpensive 2nd houses, while visitors are choosing seasonal entertainment within driving range of their homes. “Properties within 2 hours of significant cities and those that remain in the Sun Belt will certainly remain to supply the structure and value for raising returns in time,” claims Meekcoms.
Maxing out at around 400 square feet, these mini-homes might look like cabins or homes, yet are lawfully RVs. “Park versions are the utmost crossbreed,” states Meekcoms.
One may presume that record-breaking gas rates would certainly inhibit Motor home traveling, Meekcoms claims that the reverse is real. “Research suggests that those that possess RVs extremely really feel that Motor home trips are a lot less pricey than various other traveling alternatives,” he claims.
Fads in both park designs and recreational vehicle traveling are solid indications that motor home hotel buildings are a sensible financial investment, which is why Parkbridge Capital has actually concentrated on this market. “The variety of high end park design and motor home hotel neighborhoods is reasonably tiny, so need makes certain to overtake supply in coming years,” claims Meekcoms. “We’re certain that acquiring, updating, and broadening existing residential properties will certainly take full advantage of financier return while offering Americans with a budget-friendly, or perhaps rather lavish means to attain the way of living that they want.”
“Even though we’ve seen some significant financial changes– especially in the genuine estate market– Recreational vehicle hotels and made home areas proceed to be audio financial investments,” claims Leon D. Meekcoms, President of Parkbridge Capital Group, Inc. (www.parkbridgecapital.com), an independently held actual estate broker agent, purchase, and financial investment company.
“Research suggests that those that have RVs extremely really feel that Recreational vehicle trips are a lot less costly than various other traveling choices,” he claims. Patterns in both park versions and Motor home traveling are solid indications that Recreational vehicle hotel homes are a smart financial investment, which is why Parkbridge Capital has actually concentrated on this market. “The number of high end park version and Motor home hotel neighborhoods is fairly tiny, so need is certain to overtake supply in coming years,” claims Meekcoms.
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