Manufactured Housing Communities and RV Parks

BBG offers specialized valuation and assessment services for the manufactured housing communities, recreational vehicle parks and campgrounds.

This national specialty practice group was formed to provide the highest quality valuations and assessments required for markets that have demonstrated considerable growth.

In recent years, there has been a boom in manufactured housing purchases primarily due to their affordability compared with single-family, site-built homes. According to an industry report, the manufactured home industry built nearly 95,000 new homes in 2019, which represented about 10 percent of new single-family home starts.

There also has been a steady increase in demand for RVs, driven by both retiring baby-boomers and the millennial generation, who make up 40 percent of RV owners.

The need for valuation and assessment services in the MHC, RV park and campground space has grown considerably within the past few years. BBG’s commitment to a client-focused approach, as well as its leadership in appraisal-related technology will help meet client needs in these niche asset classes.

Lending Sources

In bad times as well as good, the MHC sector also benefits from relatively large lending volumes from a variety of sources:

  • Local, Regional and National Banks
  • Fannie Mae
  • Freddie Mac
  • CMBS
  • Life Insurance Companies



Ronald K. Owens Jr., MAI, MRICS, ASA

Ronald K. Owens Jr., MAI, MRICS, ASA

Managing Director 

Ronald is a Managing Director with BBG with extensive experience in commercial real estate valuation. He started with Butler Burgher, Inc. in 1996 and has significant expertise with valuation of a wide range of retail, office, industrial and credit net lease properties. Ronald also has significant experience in the valuation of complex special purpose and mixed-use properties. He currently leads the Manufactured Housing/RV Park National Practice.

Prior to joining BBG, Ronald was President of Ronald K. Owens & Associates, Inc., his own commercial real estate consulting, and appraisal firm based in Mineral Wells, Texas. For three years, Ronald served as a consultant, developing commercial appraisals for many clients, ranging from individuals to national financial institutions.

Ronald has vast experience in commercial real estate appraisal at many firms in the Texas region. He was Senior Associate at Realty Counselors of Texas, Inc. in Houston and Michael L. Murphy & Associates, Inc. in Dallas. Earlier in his career, Ronald was an Associate at Alliance Appraisal Group, Inc. in Dallas, First American Real Estate Appraisers, Inc. in Austin, and Michael B. O’Connell & Associates in Houston.

Bundled Services

One-stop shop for valuation + assessment services.

Our Services

Valuation Services

  1. Appraisals - Single Asset and Portfolios
  2. Appraisal Management
  3. Appraisal Review
  4. Arbitration & Consulting
  5. Estate Planning
  6. Evaluation
  7. Feasibility Studies
  8. Highest and Best Use Studies
  9. Insurance Valuation
  10. Investment Analysis
  11. Lease and Cost Analysis
  12. Litigation Support
  13. Tax Appeals
  14. Valuation for Financial Reporting

Assessment Services

  1. Environmental Due Diligence
    • Phase I/II ESA
    • TSA, RSA, and other Streamlined Services
  2. Property Condition Assessment Reports
    • Debt/Equity
  3. Construction Risk Management
  4. Energy Efficiency Services
  5. HUD
  6. Indoor Air Quality
    • IAQ/Radon
    • ACM/LBP
  7. Seismic Services
  8. Survey Services
  9. Zoning Services

Advisory Services

  1. ASC 805 Business Combinations
  2. ASC 840 Leases
  3. Purchase Price Allocations
  4. Portfolio Valuations for Reporting Net Asset Values (NAV)
  5. Public and Non-Traded REIT Valuations
  6. Valuations for Litigation and Litigation Support
  7. Sale-Leaseback Valuation Analysis
  8. Valuations for Bankruptcy/Fresh Start Accounting
  9. Cost Segregation Analysis

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