Company: LEGH
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001558370-25-002822
Chunk: 5

Company: Legacy Housing Corp
Filing Date: 2025-03-12
Form: 10-K
Item: Item 2P
Chunk 5
---
ITEM 2.     PROPERTIES.

Facilities

The following table sets forth certain information with respect to the facilities where our company operates: 

​​​​​​​​    Date of    ​    ​​​Commencement ​Owned /​SquareLocation​of Operations​Leased​FeetManufacturing/Warehouse Facilities         Commerce, TX 2007 Owned  129,600Eatonton, GA 2016 Owned  388,000Fort Worth, TX 2005 Owned  96,880Retail Locations         Albany, GA​2018​Leased​ 1,536Asheboro, NC 2017 Leased  1,472Athens, GA 2016 Leased  2,016Augusta, GA 2018 Leased  3,136Canton, TX 2018 Leased  2,362Gainesville, TX 2017 Owned  2,240Greenville, TX 2016 Owned  1,256Jennings, LA 2017 Owned  2,432Marble Falls, TX 2024 Owned  1,718Minden, LA​2017​Leased​ 2,369Mt. Pleasant, TX 2016 Leased  1,792Oklahoma City, OK 2016 Owned  2,100Sapulpa, OK 2020 Leased  1,960Corporate/Regional Headquarters         Bedford, TX 2018 Leased  8,020Norcross, GA 2018 Leased  3,358

We own the manufacturing facilities and the land on which the facilities are located in Fort Worth, Texas and Commerce, Texas and Eatonton, Georgia. We believe that these facilities are adequately maintained and suitable for the purposes for which they are used. 

We currently operate 13 retail locations. Each retail location sits on approximately five to seven acres of land. We lease 8 of the 13 retail locations we operate in the business, pursuant to leases expiring from 2025 to 2028. Total rent expense for the years ended December 31, 2024 and 2023 was $631,000 and $645,000, respectively.

​