ROC USA has released the results of its annual impact assessment and they are positive and consistent.
“The size of the study nearly doubled and the results are the same: Rents in ROCs continue to be at or below market by as much as 17% after five years of ownership,” said ROC USA President Paul Bradley.
The study also finds that ROCs have an average annual rent increase of slightly less than 1 percent. This compares favorably to the 2.5% annual increase experienced by one of the subject communities before they bought it and became a ROC.
Every five years, ROC USA hires an independent third-party appraiser to analyze monthly rents in ROCs and compare them to similar commercially owned communities nearby. Affordable monthly rent is one of the primary motivations of ROC members to pursue a purchase.
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