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Land-Lease Communities Millsboro DE

This page provides useful content and local businesses that can help with your search for Land-Lease Communities. You will find helpful, informative articles about Land-Lease Communities, including "The Hicks System a new Star Community Rating System". You will also find local businesses that provide the products or services that you are looking for. Please scroll down to find the local resources in Millsboro, DE that will answer all of your questions about Land-Lease Communities.

Re/Max Associates
(302) 645-0800
16392 Coastal Hwy
Lewes, DE
Re/Max Realty Group
(302) 227-4800
317 Rehoboth Ave
Rehoboth Beach, DE
Golden Coastal Realty
(302) 360-0226
34005 Wescoats Rd & Route 1
Lewes, DE
Jerry Mueller Real Estate
(302) 539-5872
678 Half Moon Dr
Bethany Beach, DE

Data Provided by:
Mann & Sons Inc
(302) 227-9477
414 Rehoboth Ave
Rehoboth Beach, DE

Data Provided by:
Re/Max By The Sea
(302) 541-5000
300 Oceanview PkwyPO Box 1499
Bethany Beach, DE
Re/Max Premier Properties
(410) 524-6700
5000 Coastal Hwy
Ocean City, MD
Sandcastle Realty
(302) 539-0525
7 York Beach Mall
Bethany Beach, DE

Data Provided by:
The Jeffrey Fowler Group/Remax Realty Group
(877) 820-7355
323 Rehoboth Ave Ste C
Rehoboth Beach, DE

Data Provided by:
New Horizon
(410) 723-4500
8300 Coastal Hwy
Ocean City, MD

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The Hicks System a new Star Community Rating System

The Hicks System a new Star Community Rating System
Thu 05/19/05 11:50:35 pm
by Edward Hicks

While assisting clients in finding qualified m/h land lease communities for purchase as buyer’s agent, I have found it necessary to keep a numerical score which will allow a comparison between the communities.  Although many investors and other professionals refer to a community as being from 1 to 5 stars, they are merely rating a park on a scale of 1 to 5 without any specific criteria to go on. 


The older “5 star” system which was originally designed by Woodalls Publication has long ago become obsolete.  For more background on the obsolete system, read “The Whole Star Story” from the November 2004 issue of the Journal.  It is also at:


My client and I subsequently devised a simple 100 point system for performing a relative comparison of various communities which are being considered for acquisition, based on a set of 8 community characteristics. 


Weighting factors have been applied to each category which are designed to indicate the person doing the rating’s preferences.  It may be adjusted by each user to reflect different weighting factors.  As used here, of course, the values selected are strictly subjective.


Other factors which are not included here which will also affect relative community evaluation are: Income/expenses, market location, market demographics, market demand, area economics, competitive community occupancy levels, apartment rents and occupancy, single family entry level home prices, etc.


1.       Condition


Overall condition of the community including it’s initial appearance when first encountered.  Pride of ownership of resident’s homes, clutter in yards, non-passenger vehicles on sites,


2.       Amenities


The level of community amenities, including, but not limited to community center, pool, tennis courts, basketball court, fishing lake, golf, lake or water front, arbor cover, etc.


3.       Sites


Values determined by the size and orientation of homesites, from large parallel to perpendicular, all the way down to obsolete (will only take RV units or older smaller units which are generally out of production.


4.         Homes


Rating is based on the size, quality, and condition of the homes within the community.  Value includes accessory structures, and their condition.  Rental homes are generally a negative.


5.         Parking


An impo...

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