NR Building Solutions

Program

CapEx planning for manufactured housing communities

A community walk before budget season that produces a unit-by-unit scope and cost, phased across fiscal years — so the capital plan is built on evidence rather than on whichever unit failed most recently.

A capital plan built on evidence, not on the last failure

Most community capital budgets are assembled from whatever broke recently and whatever the community manager remembers. That produces a plan that is reactive, understates the total, and cannot be compared against another community in the portfolio.

A CapEx walk replaces that with a unit-by-unit record: condition, recommended scope, and cost itemized line by line for every home, plus the community-level items that are not attached to any single home.

The output is a spreadsheet you can build a budget from. It is not a proposal, and we price it as its own scope precisely so that it is not one.

What the walk covers

Per home — envelopeRoof condition and remaining life, siding, windows and doors, skirting
Per home — interiorFloor system, walls, kitchen and bath, and whether the home is a turn or a remodel
Per home — underneathBelly wrap, insulation, piers, anchors. The section nobody else looks at.
Per lotGrade and drainage, steps and landings, utility stub condition where visible
CommunityVacant lots and their infill readiness, common structures, roads and drainage

The items that never appear on a walk sheet

Three conditions are essentially invisible on a normal community walk and they are the ones that generate recurring cost:

Belly wrap and underfloor insulation. Nobody looks underneath, so a torn belly never appears on a walk sheet — but it is the reason a subfloor keeps failing. Communities pay for this repeatedly out of a maintenance line, having never seen the cause. See belly wrap and insulation.

Piers and anchors. Settlement shows up as drywall cracks and doors that will not latch, which get repaired as drywall and doors. The leveling is never done, so the finishes are repaired annually.

Drainage. Where a lot falls toward a home rather than away from it, everything underneath that home is on a clock. Fixing the grade is a site work line that prevents several future lines.

Including these three in a capital plan is usually the difference between a budget that holds and one that is overrun by items nobody scoped.

Phasing across fiscal years

  1. Failing now

    Active water entry, structural movement, life-safety items at entries. This is this year regardless of what else is on the list.

  2. Deteriorating

    Roofs and envelopes with measurable remaining life. This sets the order of the next two years, and deferring it is a decision with a known cost rather than a saving.

  3. Dated

    Sound but old — interiors that limit rent rather than risk damage. Discretionary, and it belongs against a repositioning decision rather than a maintenance budget.

That separation is the useful part. Everything on a community walk feels urgent when it is written down as one list; almost none of it is in the same category.

The document is yours

The walk is priced as its own scope and the output belongs to you. An operator who takes our unit-by-unit budget and bids the work out competitively still has a materially better budget than they started with.

We would rather be the contractor who produced the document you actually plan from.

Common questions

Before budget season, not during it. A walk that produces numbers after the budget is submitted is an argument rather than a plan. Most operators we work with walk in the quarter before their fiscal planning cycle, which gives time to phase the findings rather than react to them.

A unit-by-unit record — condition, recommended scope, and cost itemized line by line — plus the community-level items that are not attached to any single home. It is a spreadsheet you can build a budget from, not a proposal.

No. The walk is priced as its own scope and the output is yours. An operator who takes our unit-by-unit budget and bids the work out has still got a better budget than they had, and we would rather be the contractor who produced the useful document than the one who withheld it.

Everything nobody can see. Belly wrap condition, pier and anchor condition, and the drainage that is causing both. Those do not appear on a walk sheet because nobody looks underneath, and they are the items that quietly generate the recurring repairs a community keeps paying for out of the wrong budget line.

By separating what is failing now from what is deteriorating and what is merely dated. The first is this year regardless. The second sets the order of the next two years. The third is discretionary and belongs against a repositioning decision, not against a maintenance budget.