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Erlanger Company Expands, Acquires 1,100 Home Sites in Evansville

Northern Kentucky-based manufactured housing company, SSK Communities, has acquired 1,100 home sites in two major developments in Evansville, Indiana. The acquisitions represent the sixth and seventh manufactured housing developments the company owns in Indiana and the first in the Evansville area.

Earlier this year, SSK acquired a major park in Owensboro, on the Kentucky side of the Ohio River near Evansville. The company now owns and operates 31 communities throughout Indiana, Kentucky and Ohio. SSK Communities celebrated its 20-year anniversary in 2015.

“We are proud to be part of the Evansville community and look forward to meeting all of our new residents in the two communities,” said SSK Partner, Nathan Smith. “In 2016 we will be upgrading these communities including newly renovated clubhouses, playgrounds for children and on-site community managers.”

Both of the communities will receive new names, Waterford Pointe, located at 2448 Saw Grass is the former Eastbrook Manufactured Housing Park, located adjacent to Angel Mounds State Historic Park. The second park will be named Grandin Pointe, formerly known as Westbrook Manufactured Housing Park. Grandin Pointe is located just west of Route 57 south of I-64. Waterford Pointe is located on the east side of Evansville near I-69.

With 31 communities in three states, SSK is ranked among the top 30 in the country with 6,800 homes in their properties’ portfolio. SSK Communities is among the upper tier in the market and among higher-end mobile home properties in the various geographic markets.

The company completed two previous acquisitions this year in Campbell County and Owensboro. The company offers modern manufactured housing units that are spacious, energy-efficient with open floor plans—with truly the feel of a comfortable modern home.

“Home equity is the most important source of personal wealth for most families,” said Nathan Smith. “Our company’s turnkey model of operations puts people in affordable, brand new homes that they own for the first time in their life.” The company also offers rental options for its customers.

Nathan Smith recently ended his term serving as the Chairman of the Board of Directors for the national Manufactured Housing Institute, a 300-member industry trade organization, and is past president of the Kentucky Manufacturing Housing Institute and served on the board of the National Manufactured Housing Institute. He currently chairs the Board of Regents at Northern Kentucky University and sits of the Board of Directors of the Greater Cincinnati Northern Kentucky International Airport (CVG).

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- Staff report/Image provided