Park model builder Pinnacle Park Homes Inc. reports increased sales for 2012, according to a press release.
“We are proud to say that our year-to-date unit volume is up 15% over 2011,” said Andy Davis, sales manager for the Ochlocknee, Ga.-based company. “But what is even better is that our sales dollars are up 30%. With new floors and more choices available, consumers are buying. Combine that with the fact that financing has been easier to obtain, it is not surprising that our numbers show an increase.”
Owner Randy Stewart Jr. added, “We are predicting that our third quarter numbers will show a net growth of 20% in unit sales and 33% in dollar volume states. This is based on current activity, but we would not be surprised to pass both levels when the quarter ends in two weeks.”
For more information visit www.pinnacleparkhomes.com.
Pinnacle Park Homes, a manufacturer of park models and camping cabins, recently reported that sales have been steady through the first quarter. “We had a great start in January and we have not seen a slow-down yet,” said Andy Davis, sales manager for the Ochlocknee, Ga.-based company. Davis said that Pinnacle Park Homes had recently introduced a line of campground rental units that has been well received in the marketplace. “By offering an affordable cabin without sacrificing quality, we can meet the needs of campground owners everywhere,” he said. The company builds cedar/split log cabins and vinyl-sided park models. Both styles offer several floorplans and amenity packages. For more information on Pinnacle Park Homes visit www.pinnacleparkhomes.com.
Pinnacle Park Homes Inc., a park model and camping cabin manufacturer based in Ochlocknee, Ga., reported an increase in year-over-year sales in January.
According to a press release, this month’s sales have surpassed January totals from 2010 and 2011.
“While 2010 and 2011 were very good years for Pinnacle Park Homes, we can see 2012 being even better,” said Sales Manager Andy Davis. “We are continuing to add new floorplans that meet the needs of campground owners.”
Owner Randy Stewart Jr. added. “We have asked for input and have received many suggestions that have been implemented in our newest floorplans.”
Stewart said that numbers were boosted by a rise in destination camping. For more information on Pinnacle Park Homes call 866-574-5159 or visit www.pinnacleparkhomes.com.
Park model builder Pinnacle Park Homes Inc. reports a 20% increase in year-over-year sales, spurred by the growing popularity of cabin rentals at RV parks.
“Pinnacle Park Homes is pleased to announce that sales are up 20% over 2010 thanks in part to the increase in cabin rentals,” said sales manager, Andy Davis, in a news release. “We have been educating campground owners since 2003 that cabin rentals are a must and many are listening.”
“Earlier this year, Pinnacle Park Homes released a new line of rental cabins exclusively for the campground industry,” said Randy Stewart Jr., production manager and co-owner of the Ochlocknee, Ga.-based builder. “We don’t build to any and every code, we build to one code. This way our clients will know that the product they receive is built right. Our team takes great pride in their workmanship.”
For more information, contact Pinnacle Park Homes at 866-574-5159 or visit them on the web at www.pinnacleparkhomes.com.
Park model builder Pinnacle Park Homes has secured a new commercial lending program.
“Financing has been a huge obstacle for many of our campground owners and now we have been fortunate to secure a source that can offer rates as low as 6.99%,” Andy Davis, sales manager for the Ochlocknee, Ga.-based builder, stated in a news release. “We are very excited to be able to offer this program, as we know rental cabins are the future for campgrounds. We can now obtain same day approvals and application only approvals up to $75,000.”
He continued, “This is going to be a great tool to allow campgrounds to get their cabins now and pay for them over time at a great rate, which simply means more profit from day one. Previously, if financing was obtained the rate was much higher, the process much slower and required extensive documentation.”
This program is specifically designed for those campgrounds that have been in business for four or more years as a reward for having tightened their belts and hung on during these trying economic times, he added.
“This certainly has the potential to increase our sales while at the same time producing more income for campground owners and with Spring right around the corner this could not have come at a better time,” Davis concluded.
For more information contact Pinnacle Park Homes at (866) 574-5159 or visit them on the web at www.pinnacleparkhomes.com.
With 67 RV sites, cottonwood trees, rock climbing walls and a three-acre fishing lake stocked with trout and catfish, Rancho Jurupa Park in Riverside, Calif., lives up to its billing as “a perfect setting for a quick escape from the city.”
Operated by the Riverside County Regional Park & Open Space District, it’s also one of a growing number of government-run parks investing in park models as rental accommodations.
“We did a feasibility study and a master plan, and one of the features that was called out was cabins for folks who want to get outdoors and have a nice recreational experience, but don’t have a camping unit themselves,” said Scott Bangle, general manager of park district.
Riverside County just installed six Silvercrest/Western Homes Division park models at Rancho Jurupa Park, and the county plans to add more park models to other county parks in the future. “I could see having a handful of units at every park,” Bangle said. “(They) will be part of our inventory at all of our major regional parks someday.”
Riverside County, of course, isn’t the only government agency that’s investing in park models as rental units. Phoenix, Ariz.-based Cavco Industries Inc. just delivered 25 park model cabins to Lassen National Park in Northern California, and the company is in discussions with other California counties about purchasing parks models for use as rental accommodations, said Tim Gage, vice president of Cavco’s Specialty Division.
“We believe that the government campground parks are a marketplace that hasn’t been fully explored at this point,” said Gage.
Private parks, for their part, have been stepping up their investments in park model cabins in recent years. But despite the significant purchases of park model cabins as rental units by Kampgrounds of America Inc. (KOA), Leisure Systems Inc. (LSI) and operators of independent parks, North America’s private campground sector is still a long way from being saturated with rental accommodations.
In fact, the KOA system, which purchased 317 park models last year, is now waiving royalty fees on park model income for one year on any new units that its franchisees purchase this year.
“The idea is to encourage more KOAs to invest in lodging,” said Mike Atkinson, director of lodging for the Billings, Mont.-based franchisor, adding that park models are “becoming an absolute necessity to grow your campground income.”
Necessity or not, park models accounted for 1,168 of KOA’s 1,530 fully equipped (with bathrooms) rental accommodations systemwide in 2010 and generated over three times as much income as typical RV sites. “Park models have the longest short-term occupancy and you get over three times the money,” Atkinson said.
Atkinson added that most people who could be potential campground accommodations guests have not even been exposed yet to the concept.
Of course, Atkinson cautions that simply purchasing park models doesn’t turn into immediate revenue hikes because they have to be marketed. He says it typically takes three years for them to reach their marketing potential.
Nevertheless, some park operators find that these ordinarily rustic-looking units outperform their expectations.
Scott Cory, managing partner of Ventura Ranch KOA in the mountains southeast of Santa Barbara, Calif., installed four Cavco park models at his park in June of last year. It was the first time his park offered accommodations and he found that his guests responded very favorably to his investment.
“Lodging is the biggest ‘wow’ factor we’ve done at our park,” he said, adding that he plans to purchase six more park models this year. He also complements his park models with glamour tents and teepees.
Manufacturers, for their part, are increasingly rolling out more park model rental options, not only to accommodate rising demand for rental units, but to make up for recent declines in sales to consumers who traditionally purchased park models and placed them on leased campsites for use as their own private vacation cottage.
“We’re looking at doing more rentals because more and more campgrounds are realizing the benefits of having park models versus transient RV sites,” said Tyler Steele, vice president of Canterbury RV in Goshen, Ind.
“Listening to the needs and desires of campground owners and then turning that input into an affordable and profitable cabin design has been a crucial key to our growth,” said Andy Davis, sales manager for Pinnacle Park Homes in Ochlocknee, Ga.
Some park model manufacturers, however, still focus most of their attention on producing units for consumers who want to buy them for use as vacation cottages that they can place on leased or purchased campsites in campgrounds, RV parks or resorts.
“We’re probably about 10% for campground rentals, while 90% of our production is for retail sales,” said John Soard, general manager of Fairmont Park Trailers in Nappanee, Ind.
Joe Follman, sales manager for Chariot Eagle Inc. in Ocala, Fla., added that park operators that rent or lease sites to park model owners can benefit from having a steady income stream. “I think there’s still a lot of room to grow in this industry, both in the Sunbelt and up north,” he said. “There’s still plenty of business out there. We’re such a small percentage of the RV business.”
A continuing roadblock is the availability of financing, both for consumers and parks that want to purchase park models for use as rental accommodations.
“You can show how quickly they can be paid off, and how it’s a great investment to put cabins in. But the lenders are just not buying aggressively,” said Dick Grymonprez of Athens Park Homes in Athens, Texas. “If we could get financing, all of us would be building more cabins. I can’t tell you how many campgrounds tell me, ‘If you can get us financing, we’ll buy six.’ I can’t tell you how many roadblocks we face getting them financed.”
But there is money out there. Parks are continuing to purchase park models. And, increasingly, manufacturers say that the best sources are local lenders rather than nationally known lenders that have little knowledge or experience with the park model product.
The same approach can also help consumers find sources of financing for park models they’d like to purchase as private vacation cottages. “We’re recommending that dealers work with their local banks and educate them about the lack of defaults in the park model world and why it’s a good business model for them,” said Steele of Canterbury RV.
Pinnacle Park Homes reported a 15% increase in sales for 2010.
“With the increase in sales we have added to our workforce twice this year to keep up with demand,” Randy Stewart Jr., owner of the Ochlocknee, Ga.-based park model manufacturer, stated in a news release. “This increase in sales and employees is even more astronomical given the strong 2009 Pinnacle Park Homes had as well. Unlike so many other manufacturers, we did not eliminate jobs or need to restructure. In fact, Pinnacle Park Homes was actually profitable in 2009, but has certainly seen an even better 2010 with no sign of a slowdown coming.”
“This year we have developed new floorplans, put rebates in place and obtained new financing sources to be able to give our clients exactly what they need,” said Andy Davis, sales manager. “The campground industry has certainly seen an increase in demand for park model homes and camping cabins. This year we have seen an increase in the number of parks that are adding cabins for the very first time. When they see just how simple it is to add rental cabins combined with how quickly they pay for themselves, campground owners are asking why did they wait so long.”
Some campground owners are also planning ahead for next year and taking advantage of possible tax deductible purchases for this year. “We have some clients that are placing their order now but are requesting next year delivery,” said Davis. “Planning ahead is the key and we are definitely seeing a lot of that going on right now.”
For more information call (866) 574-5159 or visit them on the web at www.pinnacleparkhomes.com
Pinnacle Park Homes Inc. has introduced two new lines of park model homes for the 2011 model year. Both of these lines are more upscale in nature which can include amenities like solid-surface counter tops, upgraded black or stainless appliances, upgraded faucet and lighting packages, inverted dormers, composite decking on porches, stained or painted fiber cement board siding and many more, according to a news release. “With the addition of the Grand Lake Lodge Series, the Coastal Cottage Series and the Rental Ready Line added earlier this year, this truly makes Pinnacle Park Homes your one-stop shopping place when it comes to park models,” said Andy Davis, sales manager for the Ochlocknee, Ga.-based park model builder. “Having delivered homes from Delaware to California just this week shows we are competitively priced across the nation.” For more information contact Davis at (866) 574-5159 or visit their website at www.pinnacleparkhomes.com.
Pinnacle Park Homes has signed a new distribution agreement with Mississippi Gulf Coast RV park owners Bill and Julie Berry of Shady Acres, an RV and cottage community, located in Bay St. Louis, Miss.
“This is very exciting,” Bill Berry stated in a news release. “Pinnacle has a fantastic range of floorplans and specifications, something to suit every budget. The units are built to strict building codes with a wind rating up to 120 mph. The flexibility of the range allows us to offer cabins for rent in our park as well as selling units to individuals who will have the option to lease a site in the park or locate them elsewhere. We will also supply other park owners keen to take advantage of the trends towards cabin style accommodations as an alternative to traditional forms of camping.”
Berry sees a definite sales opportunity with snowbirds because park models offer them a very cost-effective winter home without the disadvantages of owning a big rig.
“Many snowbirds do not tour but remain in one place for the winter, and when you add up the real cost of purchasing and maintaining a big rig and then add the depreciation, for two trips a year, it makes owning a park model very attractive,” he said. “By owning a park model they can save a lot of money and we can even work with them to rent their units out in the summer if they wish, making ownership even more affordable.”
Shady Acres will be taking delivery of the first units in June, and a show model will be available for interested parties.
“We will be showing customers just how versatile these park models are from the basic units starting at $25,000 to luxury homes which can include screened covered porches, fireplaces, stainless steel appliances and much, much more.”
For more information, contact Bill and Julie Berry at (228) 463-9670 or visit them on the web at www.shady-acres.us.
The state of Louisiana awarded Pinnacle Park Homes the contract for six park models it was adding to the Sam Houston Jones State Park in Lake Charles, La.
Ochlocknee, Ga.-based Pinnacle Park Homes has now completed the project. This is just one of many projects that Pinnacle Park Homes has been a part of for state and local governments, according to a news release. Campground owners know the value of offering rental cabins at their parks and now many states are looking to increase revenue at their parks by adding park model and cabin rentals.
Pinnacle Park Homes has recently released three new cabin and park model price point packages designed just for campground owners. These units are designed to sleep six people and come complete with all appliances and heat/AC, one of the units even comes with two TV’s.
Pinnacle Park Homes offers an optional furniture package with all of their units.
“Anything we can do to accommodate our campground owners to make it easy for them to generate income faster is what we are all about,” says Andy Davis, sales manager.
Currently Pinnacle Park Homes offers many different options for financing, including one plan that allows campground owners to get their cabins and park models now and make no payments till 2011.
Visit them on the web at: www.pinnacleparkhomes.com or call them at 866-574-5159 for more information.