UMH Properties Inc
Company Overview
UMH Properties, Inc. is a real estate investment trust (REIT) that owns and operates manufactured home communities. The company focuses on acquiring, operating, and expanding manufactured housing communities primarily in the Northeast and Midwest regions of the United States. UMH provides affordable housing options through the leasing of manufactured home sites to private manufactured home owners and through the leasing of manufactured homes to residents.
The company generates revenue primarily through lot rental income, home rental income, and sales of manufactured homes. They also operate through their wholly-owned subsidiary, UMH Sales and Finance, Inc., which offers financing to residents for the purchase of manufactured homes in their communities.
Use of Interest
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Company Impact
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