Selling to residents is as easy and profitable as selling to investors
When the time comes to sell your manufactured (mobile) home community, you likely have many options. CoNorth is one of them.
That’s because CoNorth and our national network partner, ROC USA®, are equipped with a dedicated, specialized financing source, whose sole line of business is lending to resident-owned communities.
Selling to the homeowners can also help create a legacy. Land ownership can be the first step toward a future of asset building and financial security that has been out of reach for so many low- and moderate-income families.
CoNorth stands by the homeowners after the purchase. For at least the length of the mortgage, CoNorth provides ongoing coaching and expertise on running a successful business. Community owners need only provide the opportunity for a resident purchase. CoNorth and the residents will do the rest.
Seller testimonial