What Is the Ideal Number of Lots You Need for a Profitable Mobile Home Park? If you own a mobile home park, you may be wondering how many lots you need to make a profit. Though owning mobile home parks can be a good investment, you'll need to consider how much profit you [...]
What Cap Rate Does Your Mobile Home Park Need to Be Profitable?If you've inherited or own a mobile home park, you'll need to know what capitalization rate it needs to be profitable. Typically, mobile home parks need a 5-12% cap rate in order to bring a profit. For some mobile park homes, the cap [...]
How Does Seller Financing Work On a Mobile Home Park?Seller financing is pretty simple and straightforward. When purchasing a mobile home park, the buyer will typically agree to pay the seller with installments and an interest rate. Since mobile home parks are often difficult to acquire through traditional real estate channels, this is probably [...]
How Much Can You Sell a Mobile Home Park For? When investors are looking at buying your mobile home park, they are interested in one number, the cap rate (also known as the capitalization rate). This is the ability of the park to net a return on investment within a specified time. For [...]
Why a Mobile Home Park Brokerage Wants To Buy Your PropertyMobile home parks have long been considered an attractive investment opportunity for real estate investors. While building a new mobile home park may seem like an appealing option, many investors prefer to purchase existing parks instead. Some of the challenges of building a new [...]
The Benefits of Accepting a Fast Cash Offer for Your Aging Mobile Home Park As the owner of an aging mobile home park, you may be facing a range of challenges, from rising maintenance costs to declining occupancy rates. If you're feeling overwhelmed by these issues, it may be time to consider selling [...]
Why Your Mobile Home Park Isn’t Scaling Mobile home parks can be incredibly difficult to scale in terms of rental income. First and foremost, you are constrained by the number of lots on the property. Secondly, you are constrained by the amount of rent you can charge and how much you can raise [...]
Does Seller Financing Work For Mobile Home Parks? Seller financing refers to a financing arrangement in which the seller of a mobile home park, provides part or all of the financing needed for the buyer to purchase the property, instead of a traditional lender like a bank or a mortgage company. This means [...]
How Do Mobile Home Park Brokerages Work? A mobile home park brokerage is a business that specializes in buying, selling, and leasing properties that are designated for mobile homes. These brokers act as intermediaries between the buyers or sellers of mobile home parks and provide various services such as property valuation, market analysis, [...]
How a Fast Cash Offer Can Help You Sell Your Mobile Home Park A family-owned mobile home park doesn’t always net the largest ROI. Some parks only have ten to twenty lots, while corporate owned parks can have hundreds of lots. In fact, the largest mobile home community owner, Equity Lifestyle Properties, owns [...]
