Most lenders treat modular homes like site-built homes, enabling standard mortgage terms. In some rural areas, manufactured homes are exempt from certain zoning requirements. Modular companies buy materials in bulk, which lowers costs and reduces supply chain delays, benefiting projects in Manhattan. Since the majority of labor occurs in a factory, modular home businesses in Manhattan save significantly on labor.
Developers frequently work with modular companies on multiple projects due to efficiency and quality. Manufactured homes are popular in retirement communities, particularly in warm states.
Modern manufactured homes are built to last, often with warranties on structural components. Manufactured homes are increasingly seen as a solution to the affordable housing crisis in many areas.
Modular companies buy materials in bulk, which lowers costs and reduces supply chain delays, benefiting projects in Manhattan. Some investors buy mobile homes in parks as a source of rental income due to low initial costs. Modular homes may require specialized transport but generally incur fewer costs compared to mobile homes in Manhattan. Modular home companies often have in-house logistics teams to coordinate transport and installation in Manhattan.