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Manufactured Housing Properties Inc. Announces Results For the Three Months Ended March 31, 2023

Retrieved on:

Thursday, May 18, 2023

Tax, Housing, Interest, GAAP, Projection, MHPC, EBITDA, Acquisition, Depreciation, OTC, CFO, Real estate

CHARLOTTE, N.C., May 18, 2023 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC: MHPC), whose principal activities are to acquire, own, and operate manufactured housing communities, today announced operating results for the three months ended March 31, 2023.

Key Points:

CHARLOTTE, N.C., May 18, 2023 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC: MHPC), whose principal activities are to acquire, own, and operate manufactured housing communities, today announced operating results for the three months ended March 31, 2023.
As of March 31, 2023, the total portfolio consisted of 57 manufactured housing communities containing approximately 2,723 developed sites and 1410 company-owned, manufactured homes.
MHPC acquired two communities during the first quarter of 2023, consisting of 144 lots.
Jay Wardlaw, President of Manufactured Housing Properties Inc. added “We are happy to report another quarter of total revenue increases of 39% which reflects our continued strategic growth strategy.

Manufactured Housing Properties Inc. Announces Results For The Year Ended December 31, 2022

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Monday, April 3, 2023

Tax, Housing, Interest, GAAP, MHPC, EBITDA, Depreciation, OTC, CFO, Growth, Security (finance), Cryptocurrency, Bookkeeping

CHARLOTTE, N.C., April 03, 2023 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC: MHPC), which acquires, owns, and operates 55 manufactured housing communities containing approximately 2,579 developed sites, today announced operating results for the year ended December 31, 2022.

Key Points:

CHARLOTTE, N.C., April 03, 2023 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC: MHPC), which acquires, owns, and operates 55 manufactured housing communities containing approximately 2,579 developed sites, today announced operating results for the year ended December 31, 2022.
Total revenues and EBITDA for the year ended December 31, 2022 were $14,202,273 and $3,787,421, respectively, compared to $8,416,038 and $2,856,497, respectively, for the year ended December 31, 2021.
MHPC acquired 13 communities during 2022, consisting of 560 lots.
Jay Wardlaw, President of Manufactured Housing Properties Inc. added “We are pleased to produce another year of total revenue increases of 69% and EBITDA increase of 33% which reflects the continued execution of our team and our strategic growth strategy.

MANUFACTURED HOUSING PROPERTIES INC. ACQUIRES FIVE NEW COMMUNITIES

Retrieved on:

Wednesday, February 1, 2023

MHPC, Housing, Wake Forest, Country Air, Country road, OTC

Charlotte, North Carolina, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC) today announces the January 2023 acquisitions of Country Aire & Merritt Place Manufactured Housing Communities and the November and December acquisitions of the Wake Forest portfolio and Mobile Cottage.

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Charlotte, North Carolina, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC) today announces the January 2023 acquisitions of Country Aire & Merritt Place Manufactured Housing Communities and the November and December acquisitions of the Wake Forest portfolio and Mobile Cottage.
Country Aire consists of 105 lots and is situated on approximately 20.8 acres in Simpsonville, South Carolina, a town in the Greenville Metropolitan Statistical Area.
The Wake Forest portfolio consists of Cooley and Country Road Manufactured Housing Communities, totalling 72 lots and 54 homes in the North Raleigh region; and Mobile Cottage adds 23 lots and 18 homes to MHPC’s presence in Morganton, NC.
MHPC now owns and operates 57 manufactured housing communities totalling 2,747 lots.

MANUFACTURED HOUSING PROPERTIES INC. ACQUIRES A NEW COMMUNITY

Retrieved on:

Thursday, August 18, 2022

U.S. Securities and Exchange Commission, Risk, Red, Forward-looking statement, GLOBE, Asheville metropolitan area, SEC, LLC, Security (finance), MHPC, Acquisition, International Plaza, OTC, Red fox, Housing, Financial adviser

Charlotte, North Carolina, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC)today announced the acquisition of Red Fox Manufactured Housing Community.

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Charlotte, North Carolina, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC)today announced the acquisition of Red Fox Manufactured Housing Community.
About Manufactured Housing Properties Inc.
Manufactured Housing Properties Inc., together with its affiliates, acquires, owns, and operates manufactured housing communities.
The company focuses on acquiring and operating manufactured housing communities in high growth markets and is actively seeking to expand its portfolio.

MANUFACTURED HOUSING PROPERTIES INC. ADDS THREE PROPERTIES TO ITS PORTFOLIO

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Thursday, July 28, 2022

Acquisition, International Plaza, GLOBE, MHPC, U.S. Securities and Exchange Commission, Forward-looking statement, SEC, Security (finance), Housing, LLC, Risk, OTC, Property management, Financial adviser, Golden Isles of Georgia

Charlotte, North Carolina, July 28, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC)today announced the acquisition of three properties.

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Charlotte, North Carolina, July 28, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC)today announced the acquisition of three properties.
On July 7, 2022, MHPC acquired a manufactured housing community located in Leesville, South Carolina totaling 39 lots and 39 homes.
Manufactured Housing Properties Inc., together with its affiliates, acquires, owns, and operates manufactured housing communities.
The company focuses on acquiring and operating manufactured housing communities in high growth markets and is actively seeking to expand its portfolio.

Manufactured Housing Properties Inc. Announces Changes to Senior Leadership Team

Retrieved on:

Thursday, April 14, 2022

Charlotte, North Carolina, April 14, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC), an operator of manufactured housing communities, announced several changes to its senior leadership team today.

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Charlotte, North Carolina, April 14, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC), an operator of manufactured housing communities, announced several changes to its senior leadership team today.
Im proud of the leadership talent that we are developing at MHPC, said Raymond Gee, Chairman of the Board and Chief Executive Officer of Manufactured Housing Properties Inc. (MHPC) Over the last five years, we have developed the depth and diversity in our executive team to continue our growth and achieve strong profitability.
Manufactured Housing Properties Inc. together with its affiliates, acquires, owns, and operates manufactured housing communities.
The Company focuses on acquiring and operating value-add manufactured home communities in high growth markets.

MANUFACTURED HOUSING PROPERTIES INC. ACQUIRES SIX MANUFACTURED HOUSING COMMUNITIES

Retrieved on:

Wednesday, January 19, 2022

City, Forward-looking statement, SEC, International Plaza, MHPC, GLOBE, U.S. Securities and Exchange Commission, OTC, Housing, LLC, Security (finance), Risk, Acquisition, 3D printing, Financial adviser

Charlotte, North Carolina, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC) today announced the acquisition of six manufactured housing communities.

Key Points:

Charlotte, North Carolina, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC) today announced the acquisition of six manufactured housing communities.
The company now has 43 owned and operated manufactured housing communities totaling 2,044 lots.
Manufactured Housing Properties Inc., together with its affiliates, acquires, owns, and operates manufactured housing communities.
The company focuses on acquiring and operating manufactured housing communities in high growth markets and is actively seeking to expand its portfolio.