Nashville, TN (October 26, 2020) – The Firm, Inc., a National Manufactured Housing Community Investor/Operator, successfully completed a total rehabilitation and sale of Emery Hills Mobile Home Park located in Augusta, GA. The Emery Hills Community was a textbook example of the professionalism and quality of work that The Firm, Inc. engages in with investors and communities across the United States.
In just 11 months, The Firm, Inc. executed the acquisition, total rehabilitation, and sale of Emery Hills and created a great community for residents to call home. The year 2020 presented everyone with completely uncharted times and industry performance was extremely uncertain. Faced with such a challenging project, The Firm, Inc. put into motion an incredible turnaround project.
The Firm, Inc. highlights for the Emery Hills Community are:
- Removed 24 obsolete homes.
- Infilled 48 new Legacy homes.
- Increased occupancy to 100%
- Converted all Park Owned Homes to Tenant Owned Homes
- Improved collections to 95%.
- Paved all street and parking pads.
- Sub-metered all homes for water.
- Installed new garbage collection area.
- Installed new picnic/play area.
- Total landscaping makeover completed.
“From the beginning we were extremely confident in the outcome even with a challenge like Emery Hills. This is because our entire team simply implemented our proven strategy and reinvented Emery Hills from a troubled park into one of the preeminent communities in Augusta, GA.”, said Kirby Horton, CEO of The Firm, Inc.
“Kirby and team have always been great partners to work with, and Emery Hills was no different. We were able to tackle this heavy lifting project with the same methodical and efficient process we have used in other communities. The park was completely transformed in to a safe, clean community that the tenants could be proud of. Additionally, the equity partners and investors were very pleased with the value added to the investment,” said Jacob Harcrow, Partner at Forrest Street Partners, LLC, who was the General Partner for the ownership entity of Emery Hills MHC.
The mission of The Firm, Inc. is to assist other Investors and Operators in the revitalization of under-performing manufactured housing communities, for both the community residents as well as their investment partners. They implement a strategy and process that is timely, strategically efficient, and cost effective. For residents, they provide safe, clean, and affordable housing. For investment partners, they provide a proven method of creating significant returns.
The Firm, Inc. can be reached at 231-564-0899 or email@example.com and 850-445-4319 or firstname.lastname@example.org.