$HIHI S. Gene Thompson - the Company's CEO - said:
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Posted On: 01/13/2021 12:52:02 PM
$HIHI S. Gene Thompson - the Company's CEO - said: "We continue to make significant progress on this acquisition now moving into the expected final financing and closing phase. We will keep you advised or our progress."
He also commented: "This park is high yield as is, and it is suitable for extensive expansion after it is acquired, including an increase in RV rental spaces, the addition of RV rental units owned by HIHI, and the purchase for rent of cabins and tiny homes. We particularly like the Texas market due to its substantial and continuing growth, especially those areas that are within one to two hours from the five or six major demographic markets in the State."
He also commented: "This park is high yield as is, and it is suitable for extensive expansion after it is acquired, including an increase in RV rental spaces, the addition of RV rental units owned by HIHI, and the purchase for rent of cabins and tiny homes. We particularly like the Texas market due to its substantial and continuing growth, especially those areas that are within one to two hours from the five or six major demographic markets in the State."
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