Manufactured Housing Properties, Inc. · OTC:MHPC
Manufactured Housing Properties — Reg A Offering (March 2022)
29 slides from Manufactured Housing Properties's offering presentation, Mar 1, 2022
Slide 1: Investor Presentation 2022
Manufactured Housing Properties Inc. INVESTOR PRESENTATION 2022 Property pictured herein is owned and managed by Manufactured Housing Properties.
Slide 2: Disclaimer
Disclaimer The information in this presentation has been prepared by Manufactured Housing Properties Inc. (the “Company”) solely for informational purposes and does not constitute an offer to sell or the solicitation of an offer to purchase securities. Any such offer will be made solely by means of
Slide 3: Disclaimer (continued)
Disclaimer (continued) Important Notice the Regarding Regulation A Offering An offering statement regarding the offering described above has been filed with the SEC. The SEC has qualified that offering statement, which means that Manufactured Housing Properties Inc. may make sales of the securities
Slide 4: Risk Disclosures
Risk Disclosures Investors should review the Company’s Final Offering Circular, including the “Risk Factors” therein, prior to investing in the Company’s Series C Cumulative Redeemable Preferred Stock. • There is no assurance that the Company will be able to successfully achieve our investment objec
Slide 5: Risk Disclosures (continued)
Risk Disclosures (continued) • Neither the SEC nor any other regulatory body will pass upon the merits or give its approval of any securities offered or the terms of the offering, nor do they pass upon the accuracy or completeness of any offering circular or other solicitation material. • There is n
Slide 6: Providing Affordable Housing to Residents and Attractive Returns to Investors
OUR MISSION Providing Affordable Housing to Residents and Attractive Returns to Investors Property pictured herein is owned and managed by Manufactured Housing Properties. 6
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Slide 14: Housing Shortage
Housing Shortage THE AFFORDABLE HOUSING PROBLEM1 • Over 30% of all households are “cost-burdened,” spending more than 30% of their income on housing. • 1 in 7 households are “severely cost-burdened,” spending more than 50% of their income on housing. Other challenges for home-buyers include: • Suppl
Slide 15: Diminishing Supply
Diminishing Supply Despite the demand for manufactured housing, supply is diminishing due to: • Redevelopment of current communities • Zoning restrictions • Lack of feasibility for new development No state in the U.S. has an adequate supply of affordable rental housing for the lowest income renters.
Slide 16: The Possible Solution
The Possible Solution Acquire and reposition Develop new & therefore preserve manufactured housing existing manufactured communities housing communities 16
Slide 17: Poised for Growth
Poised for Growth The dynamics of supply and demand has positioned manufactured housing communities for continued growth. U.S. AVERAGE NEW U.S. AVERAGE HOME PRICE MONTHLY RENT Home Price: $347,5003 Apartment: $1,1245 Manufactured Home Manufactured Home: Price: $51,3714 $5496 (single wide) 3. FRED Ec
Slide 18: Manufactured Housing Advantages
Manufactured Housing Advantages Manufactured housing offers many other potential benefits to investors. • Low turnover • Fewer operating costs • Growing demand 18
Slide 19: Who is MHPC?
Who is MHPC? Formed in 2016, Manufactured Housing Properties Inc. (OTC: MHPC) is a publicly traded, full-service, vertically integrated owner and operator of manufactured housing communities. We believe everyone deserves housing value. Property pictured herein is owned and managed by Manufactured Ho
Slide 20: Company Highlights
Company Highlights Proven and $200M acquisition experienced pipeline Strong experienced Scalable property operations management team Attractive preferred monthly distributions7 7. There is no guarantee of similar future results. 20
Slide 21: Our Objectives
Our Objectives8 MHPC strives to: Acquire, reposition and manage communities in markets with favorable employment and population characteristics. Provide attractive risk-adjusted returns for our investors, with a focus on value creation, capital preservation and growth. 8. There is no guarantee the o
Slide 22: Our Strategy (continued)
Our Strategy (continued) MHPC targets properties that are: Located in Underperforming Under-capitalized favorable metro areas Requiring tenant Undervalued repositioning 22
Slide 23: Our Portfolio
Our Portfolio MHPC targets areas with favorable employment statistics, demographic characteristics and affordable housing needs across the high-growth southeastern U.S. 47 communities 2,045 home sites 97% average 100% increased revenue portfolio occupancy growth over last year $400 average lot rent
Slide 24: The Offering
The Offering SERIES C CUMULATIVE REDEEMABLE PREFERRED STOCK Offering Size $47 million Dividends 7% coupon paid monthly9,10 Term 48 months Principal Repayment Repayment of initial capital at the end of the term9 Minimum Investment $10,000 Offering Price $1,000 Preferred Unit Investment Structure Reg.
Slide 25: The Offering (continued)
The Offering (continued) SERIES C CUMULATIVE REDEEMABLE PREFERRED STOCK Preferred Return 7%9,10 Tax Reporting 1099 Available quarterly at shareholder request. Year 1 – 11% redemption fee Year 2 – 8% redemption fee Early Redemptions* Year 3 – 5% redemption fee Mandatory redemption at end of year 4 No
Slide 26: Our Strategy (continued)
Our Strategy (continued) MHPC is led by a committed and aligned management and operations team with more than 40 years of combined experience in manufactured housing management and 70 years in real estate and public company experience. • Responsible for the MHPC’s long-term strategy • Current CEO of
Slide 27: Our Team
Our Team • Responsible for finance and accounting, day-to-day corporate & portfolio management, and SEC reporting • Former executive of several public and private companies across many sectors • Over 25 years of experience in accounting and financial management • Broad public company experience with
Slide 28: Our Team
Our Team • Responsible for identification and execution of MHPC’s investment strategies • Over 25 years of experience in commercial real estate investment, finance and development • Former Principal of Pinnacle Capital Partners, a real estate investment and development company • Experience working w
Slide 29: Thank You
Thank You Thank you for your time today. For more information, please visit www.mhproperties.com or call (980) 228-7411. Securities offered through Arete Wealth Management, LLC, member FINRA, SIPC and NFA. Arete Wealth Management, LLC and Manufactured Housing Properties Inc. are not affiliated. 29
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