Manufactured home operator Lifestyle Communities delivers a 72% increase in revenue and 170% net profit increase June - Dec 13

James Kelly’s Lifestyle Communities demonstrates again the strength of the Manufactured Home Park model generating faster construction, sales and fortnight site fee cash flow.
First half results for Lifestyle Communities delivered 109 settlements with revenue jumping from $15.8M to $28.3M. Their average home settlement margin increased from 17% to 26% over the same period in 2012.
At the same time the rental income increased from $2.6M to $3.7M, delivered by 804 occupied sites – approximately $4,600 per site for 6 months.