Nobility Homes

What Nobility Homes does

Nobility Homes, Inc. (NASDAQ: NOBH) is a Florida-based manufacturer of mobile, manufactured, and modular homes founded in 1967 and headquartered in Ocala, Florida. The company builds approximately 100 active models ranging from 494 to 2,650 square feet, constructed to HUD Manufactured Housing Construction and Safety Standards with enhanced Zone II and III wind-resistant specifications, including double roof trusses, reinforced 16-inch-on-center wall studs, column uplift straps (50-100% stronger center), and lag bolt flooring-to-frame attachment. Roughly 99% of homes produced are multi-section, reflecting customer preference for larger square footage. Home prices range from approximately $66,000 for entry-level park models and vacation cottages to over $220,000 for premium quad-section Regency Manor models, with documented series including Richwood, Tropic Isle, Kingswood, Regency Manor, and Tropic Manor.

The company operates a vertically integrated distribution model in which homes are shipped factory direct from the Ocala facility to customer sites, bypassing traditional dealer markup. Retail distribution is handled through Prestige Home Centers, Inc., a wholly-owned subsidiary operating 10 retail locations across north and central Florida and described as the largest manufactured home retailer in the state. Mountain Financial, Inc. (wholly-owned) and a joint venture with 21st Mortgage Corporation provide in-house and partner mortgage financing, while Mountain Insurance Services handles home insurance. Long-tenured leadership (Terry E. Trexler as Chairman/President and Thomas W. Trexler as EVP/CFO, with 50+ years of continuity) and approximately 56,000 families served since 1967 form the operational backbone. Customers are primarily retirees and active adults in Florida manufactured home communities, budget-conscious families seeking affordable homeownership, and seasonal/vacation cottage buyers. Growth-enabling partnerships include retirement community relationships with Stoneridge Landing, Lake Harris Landing, Cypress Creek, and Walden Woods South.

Name

Nobility Homes

Legal name

Nobility Homes, Inc.

Website

https://nobilityhomes.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

101–250 employees

Short description

Nobility Homes is a Florida-based manufacturer of mobile, manufactured, and modular homes operating since 1967, serving retirees, families, and seasonal buyers through 10 vertically integrated Prestige Home Center retail locations and in-house financing and insurance subsidiaries.

Ownership category

akta.pro rank

Headquarters

HQ city

Ocala

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Home Sales (Factory Direct): Manufactured and modular home sales through factory direct model. Homes are shipped directly from the Ocala factory to customers, eliminating freight and setup costs. Revenue generated from sale of homes at various price points ranging from approximately $66,000 to over $220,000 depending on model, size, and features.
2. Retail Operations (Prestige Home Centers): Wholly-owned subsidiary operates 10 retail locations in Florida providing one-stop shopping including home sales, financing, and insurance services
3. Mortgage Financing (21st Mortgage Corporation Joint Venture): Joint venture and finance revenue sharing agreement with 21st Mortgage Corporation provides mortgage financing to retail customers purchasing manufactured homes. Revenue generated through origination fees, servicing income, and interest on financed loans.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Nobility Homes manufactures and sells factory-built mobile, manufactured, and modular homes in Florida through a vertically integrated direct-sales model. Homes are produced at the Ocala factory and shipped directly to customer sites, with sales and support handled through 10 Prestige Home Center retail locations. The company also offers financing (Mountain Financial), insurance (Mountain Insurance Services), and home models targeting retirees, budget-conscious families, and seasonal residents.

Product overview

Nobility Homes is a Florida-based manufacturer of mobile, manufactured, and modular homes operating since 1967. The company offers a vertically integrated model through its wholly-owned subsidiaries: Prestige Home Centers (10 retail locations throughout Florida handling sales), Mountain Financial, Inc. (financing services), and Mountain Insurance Services (insurance). The product portfolio includes multiple floor plan series—Richwood (park models and vacation cottages), Tropic Isle (2-3 bedroom models), Kingswood (2-5 bedroom models), Regency Manor (premium multi-section and triple-wide models), and Tropic Manor—spanning 700 to 2,650 square feet with approximately 100 active models. The company also offers specialized Retirement Community Homes designed for active adult communities in Florida. Homes are sold factory-direct and shipped directly to customer sites, avoiding freight and setup costs. The company went public in 2024 after 50+ years of private operation.

Differentiator

Problem solved

Functional benefit

Products and services

• Manufactured Homes Factory-built homes constructed on an integral chassis, compliant with HUD Manufactured Housing Construction and Safety Standards, ranging from 700 to 2,650 square feet with approximately 100 active models, approximately 99% being multi-section. Targeted at Florida retirees, families, and budget-conscious home buyers.
• Modular Homes Factory-built homes meeting similar construction standards to manufactured homes, available in various floor plans for families of all sizes. Sold factory direct from Nobility's Ocala facility to Florida customers.
• Prestige Home Centers Retail Sales

Quantifiable outcome

• 56,000+ families served since 1967
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• 21st Mortgage CorporationcoreStrategic or Co-development PartnerJoint venture and finance revenue sharing agreement providing mortgage financing to retail customers who purchase manufactured homes at Prestige retail sales centers. The agreement allows Prestige to originate and service loans, giving more control over the financing aspect of retail home sales and enabling better products and services for customers including competitive rates, same day decisions, FHA financing, and down payments as low as 5%.
• Prestige Home CenterscoreOthersWholly-owned subsidiary operating 10 retail locations throughout north and central Florida, making Prestige the largest retailer in Florida. Provides one-stop shopping experience including home sales, financing, and insurance services.
• Mountain Financial, Inc.coreOthersWholly-owned subsidiary providing financing services to customers purchasing Nobility Homes through Prestige Home Centers.
• Stoneridge LandingminorGTM or Marketing PartnerRetirement community partnership in Inverness, Florida where Nobility Homes are offered as preferred housing option for community residents.
• Lake Harris LandingminorGTM or Marketing PartnerRetirement community partnership in Leesburg, Florida where Nobility Homes are offered as preferred housing option for community residents.
• Cypress CreekminorGTM or Marketing PartnerRetirement community partnership listed on Nobility Homes website as a community where their homes are available.
• Walden Woods SouthminorGTM or Marketing PartnerRetirement community partnership listed on Nobility Homes website as a community where their homes are available.

Scale indicators6 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• Skyline Champion: A leading publicly traded manufacturer of manufactured and modular homes (NYSE: SKY) with multiple production facilities across North America. Directly comparable to Nobility in HUD-compliant factory-built housing, with a broader product portfolio and significantly larger scale.
• Deer Valley Homebuilders: A manufactured home producer serving the southern U.S. including Florida, with HUD-compliant single- and multi-section homes. Competes with Nobility in the same Florida/Sun Belt manufactured housing market across similar price points.
• Legacy Housing: A Texas-based manufactured home builder and retailer (Nasdaq: LEGH) producing HUD-compliant single- and multi-section homes with in-house retail and financing. Closely comparable in business model to Nobility's vertically integrated approach, though focused on the Texas/South-central market instead of Florida.
• Fleetwood Homes: A long-established manufactured housing producer with multiple production facilities and a nationwide dealer network. Competes directly with Nobility in factory-built, HUD-compliant homes across multiple product tiers and geographies.
• Commodore Homes: A Pennsylvania-based manufacturer of manufactured and modular homes distributed through a regional dealer network. Comparable in HUD-compliant factory-built product offering, though operating in the Northeast/Mid-Atlantic rather than Florida.
• Cavco Industries: A publicly traded designer and producer of factory-built homes including manufactured, modular, and park-model homes (Nasdaq: CVCO). Competes head-to-head with Nobility in HUD-compliant manufactured housing and operates retail brands (e.g., Palm Harbor) that parallel Prestige Home Centers.
• Palm Harbor Homes: A manufactured and modular home builder with showrooms across the southern United States, offering factory-built homes with on-site construction services. Directly comparable to Nobility in product category and retail-distribution model, with a multi-state southern footprint.

Broad incumbents

• Clayton Homes: A Berkshire Hathaway subsidiary and the largest manufactured home builder in the United States. Operates manufacturing plants plus retail home centers and offers Clayton Home Loans financing—directly comparable to Nobility's vertically integrated manufacturing + retail + financing model, but at vastly greater scale and national (not Florida-only) footprint.

Regional players

• UMH Properties: A REIT that owns and operates manufactured housing communities, primarily in the Northeast and Mid-Atlantic. Comparable to Nobility in that community operators are key buyer/referral partners for retirement manufactured housing, with overlap in target demographics though geographically distinct from Nobility's Florida footprint.

Others

• 21st Mortgage Corporation: A leading manufactured home lender and joint-venture partner of Nobility through Prestige Home Centers. Listed as a peer because it is a critical financing partner that shapes Nobility's go-to-market and is itself a major manufactured-housing mortgage originator—a category-specific adjacency.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Nobility_NOBH

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nobility Homes