The nation's mobile home parks constitute a highly fragmented market, where there is less efficient institutional participation. Inefficiency is our opportunity, but the asset class is becoming more popular with experienced and newer investors who may 'bid-up' prices, resulting in inflated expectations of sellers. Believing the timing is right, we are aggressively evaluating opportunities to stay ahead of its growing popularity. Because mobile home communities are located away from dense city centers and are geographically dispersed, they are an under- researched and misunderstood asset class. Most investors have greatly outmoded ideas about the quality and appeal of modern mobile homes and mobile home communities.
According to the author of the above passage...
1. This is not an opportune time to invest in mobile home parks
2. now is the right time to think of investing in mobile home parks.
3. gradually mobile home parks are concentrating to city centers,
4. nowadays, mast investors are up-to-date on mobile home parks’ potential