Mobile Home Parks Are Often In Areas Where It’s Hard To Find a Qualified Buyer
Most mobile home parks in the United States are located in the South, especially in states like Texas, South Carolina, and Georgia. While many cities have trailer parks, many more trailer parks are located in rural areas. If you own a mobile home park in one of these areas, it might be hard to find a buyer who can buy the park outright. You might have to work out some owner financing agreement to sell the park over time. If you work with Mobile Home Park Instant Offer, you will be able to become free and clear of your mobile home park. Nationwide, mobile homes are about 6% of the housing inventory available. However, if you go to a rural area, mobile home parks are about 14% of the available housing inventory.
Your Mobile Home Park Could Be In Disrepair
If you try to sell your trailer park on your own, you will likely have to upgrade the property. This can include a wide variety of expenditures to make the property attractive to a buyer, such as having to:
- Add metering to each unit so that each tenant is responsible for their utilities.
- Upgraded amenities like parking.
- Make sure that each lot is habitable.
Mobile Home Park Instant Offer buys the property from you as is, makes any necessary repairs, and manages it so that you can walk away with cash in hand.