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Monday, 07/04/2011 2:43:25 PM

Monday, July 04, 2011 2:43:25 PM

Post# of 97051
A typical 3 bedroom property generates over $30,000 annually in gross revenues because of the extremely high demand for transitional housing. This compares to an average rental income of about $12,000 for a similar property with a traditional tenant.

According to John Folger, President of American Community Development Group, "We are currently acquiring interests in single and multi-family homes, affordable housing, and other high occupancy commercial real estate properties, all while helping members of our community," he continued. "This approach sits well with both the community and our shareholders because we work directly with the nonprofit community to house their clients. This model keeps our properties fully occupied."