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CAVCO INDUSTRIES INC

For the period ended Mar 29, 2025. Filed May 23, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed May 23, 2025

CVCO$638.55-0.8%Stored close · as of Nov 6, 2026
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Contents

Item 2. Properties

The following table sets forth certain information with respect to the Company's core properties:

LocationDate ofCommencementof OperationsOwned /LeasedSquareFeet
Active manufacturing facilities for factory-built housing segment:
Millersburg, Oregon1995Owned169,000
Woodburn, Oregon1976Owned221,000
Riverside, California1960Owned107,000
Nampa, Idaho1957Owned171,000
Glendale, Arizona2022Owned118,000
Goodyear, Arizona1993Leased250,000
Phoenix, Arizona1978Owned79,000
Deming, New Mexico2001Owned170,000
Duncan, Oklahoma2022Owned170,000
Austin, Texas1981Owned181,000
Fort Worth, Texas1993Owned121,000
Seguin, Texas2006Owned129,000
Waco, Texas1971Owned132,000
Ojinaga, Mexico (1)2011Owned145,000
Ojinaga, Mexico (2)2018Owned127,000
Montevideo, Minnesota1982Owned305,000
Dorchester, Wisconsin1975Leased160,000
Nappanee, Indiana1971Owned341,000
Goshen, Indiana1972Owned163,000
Lafayette, Tennessee1996Owned149,000
Moultrie, Georgia2003Owned230,000
Douglas, Georgia1988Owned142,000
Shippenville, Pennsylvania (1)1972Owned162,000
Shippenville, Pennsylvania (2)1988Owned164,000
Emlenton, Pennsylvania2004Owned126,000
Martinsville, Virginia1969Owned132,000
Rocky Mount, Virginia1995Owned137,000
Crouse, North Carolina1973Owned254,000
Hamlet, North Carolina2022Owned184,000
Ocala, Florida1984Owned91,000
Plant City, Florida1981Owned87,000
Component and supply facilities for factory-built housing segment:
Presidio, Texas2011Owned69,000
Martinsville, Virginia1972Owned192,000
Nappanee, Indiana1971Leased77,000
Inactive manufacturing facilities for factory-built housing segment:
Plant City, FloridaOwned94,000
Administrative and other locations:
Phoenix, Arizona (factory-built housing)Leased23,000
Elkhart, Indiana (factory-built housing)Leased23,000
Duncan, Oklahoma (factory-built housing)Owned10,700
Corona, California (factory-built housing)Leased7,000
Plano, Texas (financial services)Leased12,800
New Braunfels, Texas (financial services)Owned9,000

We own the land on which manufacturing facilities are located, except for the Goodyear, Arizona plant, which is currently leased through June 2026, with no current options to extend; and the Dorchester, Wisconsin plant, currently under lease through August 2037, with options to extend. We also own substantially all of the machinery and equipment used at these factories. In addition to production facilities, we own an office building and land in New Braunfels, Texas, which houses Standard Casualty's operations, as well as eight properties upon which active, Company-owned retail stores are located. The remaining active sales centers and a claims office are leased under operating leases with lease terms generally ranging from monthly to five years. Company-owned retail stores generally range in sizes up to nine acres. We lease office space in Plano, Texas for CountryPlace operations and factory-built housing administrative support services. The lease expires in July 2036, with options to extend. The Phoenix, Arizona home office is leased through March 2031. The Elkhart, Indiana office is leased through February 2040, with options to extend. We believe that all of these facilities are adequately maintained and suitable for the purposes for which they are used.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.