AMREP Corp
NYSE:AXR
AMREP Corp
AMREP Corp. engages in the real estate businesses. The company is headquartered in Havertown, Pennsylvania and currently employs 19 full-time employees. The firm conducts business through its subsidiaries. The firm operates through two business segments: land development and homebuilding. Its land development segment offers for sale of both developed and undeveloped lots to national, regional and local homebuilders, commercial and industrial property developers and others. The firm owns approximately 18,000 acres in Rio Rancho. Its homebuilding segment offers a range of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The firm focuses on selling single-family detached homes and attached townhomes. The firm selects locations for homebuilding based on available land inventory and completion of a feasibility study. The firm utilizes third-party sales brokers for home sales.
AMREP Corp. engages in the real estate businesses. The company is headquartered in Havertown, Pennsylvania and currently employs 19 full-time employees. The firm conducts business through its subsidiaries. The firm operates through two business segments: land development and homebuilding. Its land development segment offers for sale of both developed and undeveloped lots to national, regional and local homebuilders, commercial and industrial property developers and others. The firm owns approximately 18,000 acres in Rio Rancho. Its homebuilding segment offers a range of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The firm focuses on selling single-family detached homes and attached townhomes. The firm selects locations for homebuilding based on available land inventory and completion of a feasibility study. The firm utilizes third-party sales brokers for home sales.
