As the messages about the quality, affordability and efficiency of manufactured housing continues to make its way into the mainstream, more and more groups are taking a deeper look.
That also goes for colleges and universities.
According to TropNews, Troy Villages at Walnut Creek, which provides off campus housing for Troy University in Troy, Alabama, is already utilizing manufactured homes to help with the flood of students looking for housing due to Troy’s increasing enrollments.
“The university has the capacity to house 2,348 students in its residence halls, including in the fraternity and sorority houses,” said Sara Jo Burks, assistant director of housing and residence life.
“We have not started the wait list for returning students. We won’t start that until the first week of May.”
And Troy Villages is preparing to fill that gap.
“We prepared to buy 100 mobile homes [sic] if necessary,” said Todd Swindall, co-owner of Troy Villages.
“We currently have several new mobile homes [sic] but have space for at least 50 more mobile homes [sic] without issue. We are prepared to house as many students as we can. We are not limited to how many mobile homes [sic] we can put in.”
Co-Owner Brad Jones agrees, and says the plan is to continue to grow the community as more students become interested.
“We just wanted to do so much more,” said Jones. “We saw this as an opportunity to work with the university to help students.”
Swindall says that all of the homes are being bought new and are fully furnished.
Monthly rates for the homes range from $325 per month for shared rooms, to $500 for single rooms. All rents include water, power, sewage, internet, cable, garbage pickup and lawn care, in addition to a CrossFit Gym and a soccer field.
The Solution, Hiding in Plain Sight
The Daily Business News, MHProNews and MHLivingNews have covered the case for manufactured housing as a viable solution to hope for the American Dream of home ownership at a reasonable price extensively, including Bloomberg making a statement to the same effect.
The ability to significantly cut down on production time, provide a high quality product to federal standards, all at a lower price point serves as the ideal solution to inventory and housing challenges. The titans of business recognize the opportunity as well, as giants and independents alike are actually “doubling down” on the industry.
ELS Chairman Sam Zell has been famously quoted as correcting misconceptions about the industry, saying during this interview, “Everyone calls them trailer parks. Pencil head, it’s not a trailer park.“
For more on manufactured housing being the solution that’s hiding in plain sight, see MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach’s insight into the opportunity linked here. ##
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Submitted by RC Williams to the Daily Business News for MHProNews.