Acquisitions

As one of America’s largest owners and operators of manufactured housing and RV communities, Sun Communities has built a solid foundation for the most attractive acquisition program in the industry.

Since going public with 31 communities in December, 1993, Sun has methodically assembled one of the largest portfolios of manufactured housing and RV communities in the United States. Sun has invested over $1 billion in acquiring individual communities and multi-property portfolios, and has grown from 6,000 sites in 1993 to over 47,000 sites today.

We offer five distinct advantages:

1. Organizational Strength
2. Large Capital Resources to Acquire Individual and Multi-Property Portfolios
3. Flexible Terms
4. Responsiveness / Quick Closings
5. Complete Confidentiality

If you are currently considering the sale of an individual community or multi-property portfolio, Sun’s acquisitions team looks forward to working with you! If your community is not currently for sale, why not take this time to establish a relationship with Sun that might benefit both parties in the future?

Mail/email your investment packages to:

Jonathan Colman
Executive Vice President
Sun Communities, Inc.
The American Center
27777 Franklin Road
Suite 200
Southfield, MI 48034

Would you prefer more immediate assistance? Contact Mr. Colman at (248) 208-2557.

Our Criteria

Sun Communities is aggressively buying quality manufactured housing and RV communities throughout the United States. Our acquisition criteria follow:

• Manufactured housing & RV Communities with a minimum of 200 home sites located near metropolitan areas with population of at least 100,000
• Land/lease communities (no rental homes)
• Family or 55+ communities
• Manufactured housing site sizes of 50’ x 100’ or greater
• RV communities with 50% or greater annual leases
• Local market areas with vacancy of less than 10%
• Minimum rent growth potential of 5% per annum
• Public utilities preferred
• Expansion potential

Flexible Terms

Sun Communities has consistently provided a ready market for high quality manufactured housing and RV communities, with terms designed to meet the needs of a wide variety of community owners.

We have the financial flexibility and strength to structure terms that will help meet your objectives, using any combination of the following:

• tax-deferral
• all-cash
• cash to existing debt

Tax Deferrals

Community owners facing significant tax liability following the sale of their communities may realize substantial benefits by receiving Sun Communities Operating Partnership (OP) Units. We have acquired well over a quarter-billion dollars of communities utilizing OP units. This structure enables sellers to defer tax liability, while at the same time, allowing them to maintain an ownership position in an established NYSE company.

Sun’s credibility and track-record are among the strongest in the nation, making OP Unit ownership an attractive option that provides both tax deferred advantages and significant investment value.

All Cash Deals

Sun Communities offers unparalleled capital resources to quickly consummate all-cash purchases of both individual properties and major community portfolios. Our line of credit provides the liquidity to close, without any financing contingency.

Quick Closings

Community owners can rely on Sun’s acquisitions team to complete an in-depth due diligence on properties presented to us for purchase. To expedite this process, we coordinate the due diligence effort with outside professionals and maintain strict confidence. We pride ourselves in closing transactions on a timely basis.