Manufactured Housing Properties, Inc. · OTC:MHPC
Manufactured Housing Properties — Investor Presentation (December 2019)
11 slides from Manufactured Housing Properties's investor presentation, December 2019
Slide 1: Manufactured Housing Properties Inc. Investor Presentation 2019
Manufactured Housing Properties Inc. Investor Presentation 2019
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: Our Mission
OUR MISSION Providing Affordable Housing to Residents and Attractive Returns to Investors
Slide 4: The Affordable Housing Problem
THE AFFORDABLE HOUSING PROBLEM INCREASING DIMINISHING DEMAND SUPPLY 30% of US households earn less than Communities are being re-developed $35,000 Zoning restrictions 37% of US households are renters 47% of the US renters spend more than New development is not feasible 30% of income on rent LOW-INCO
Slide 5: Manufactured Housing Solution
MANUFACTURED HOUSING SOLUTION U.S. AVERAGE RENTS U.S. AVERAGE HOME PRICE $1,200 $300,000 $1,000 $250,000 $800 $200,000 $600 $150,000 $400 $100,000 $200 $50,000 $0 $0 Apartment vs. MH Home & Site Home Price vs. MH Home Price Supply and demand dynamics positions manufactured housing communities for co
Slide 6: Manufactured Housing Properties Inc.
MANUFACTURED HOUSING PROPERITES INC. ABOUT OBJECTIVES MANAGEMENT Acquire, reposition and manage Formed in 2016 MH communities: Operations Team: Owns and operates ten Markets with a need for 40 years of manufactured communities affordable housing and strong housing experience demographic characterist
Slide 7: Our Portfolio
OUR PORTFOLIO 11 Communities with 947 lots 27% of lots have company owned homes rented or lease purchase optioned Occupancy of 97% Average lot rent $350 Average home rent $400 Month-to-month leases Located in NC, SC, TN, GA
Slide 8: Concentrating on the South East
CONCENTRATING ON THE SOUTH EAST Current Portfolio Value 2020 projected NOI $3,100,000 Portfolio capitalization rate 7.0% Portfolio market value $44,500,000 Current Portfolio Capital Structure Senior debt $23,600,000 Equity 20,900,000 Portfolio market value $44,500,000 Communities Owned Communities U
Slide 9: Investment Offering - $10,000,000
INVESTMENT OFFERING - $10,000,000 Term - 5 years 8% current annual return paid in Monthly Preferred Distributions Repayment of 1.5X of investment at the end of the Term Total return of 16% IRR (=1.9X investment) Example: $100K pays $667/mo. plus $150K after year 5, totaling $190K ($100K initial inve
Slide 10: Investment Highlights
INVESTMENT HIGHLIGHTS Increasing Demand/ Recession ▪ Provides non-subsidized housing ▪ Attractive sector dynamics Resilient affordability Decreasing Supply Seasoned Mispriced Asset ▪ Rents have not kept up with inflation Management ▪ Executive and operations team with Class over 70 years experience
Slide 11: Committed and Aligned Management Team
COMMITED AND ALIGNED MANAGEMENT TEAM Raymond M. Gee Michael Z. Anise Adam A. Martin CEO President CIO • Responsible for the long-term strategy • Responsible for accounting, day to • Responsible for identification and of MHPC day corporate management and execution of MHPC’s investment • Current CEO o
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