Additionally, tenants tend to stay in mobile home parks longer than they do in other types of properties. Tenants tend to stay in mobile home parks for two years or longer, whereas with other types of rentals, they may only elect to stay for under a year. Your existing tenant base is a strong incentive for a mobile home brokerage like Mobile Home Park Instant Offer to make you a cash offer.
The existing mobile home lot you want to sell is an enticing asset for a mobile home park brokerage, especially since many cities and areas in the country do not allow for new mobile home park development. Some places in the United States that have passed an ordinance curbing new mobile home park development include:
- Denver, CO: Denver has a law that has been on the books since 1956 that bans new mobile home park development.
- Blount County, Alabama: This county has a ban on any home that is smaller than 1800 square feet.
- Slaughterville, Oklahoma: Slaughterville has some intense regulations on mobile home parks, including regulations that mobile homes be spaced a certain distance and have twelve-foot shrubs.
- Tate County, Mississippi: With some new zoning restrictions, independent landowners cannot put a mobile home park on their own property.
An existing mobile home park is an enticing investment opportunity for a brokerage because new legislation makes it difficult to build a new park.
What Are the Benefits of Accepting a Fast Cash Offer From a Mobile Home Park Brokerage?
If you are looking for a fast cash offer on your existing mobile home park, consider Mobile Home Park Instant Offer. These include:
- Quick and Easy Sale: A fast cash offer enables owners of mobile home parks to sell their property quickly and easily, without the lengthy negotiations and paperwork that are typically associated with traditional real estate sales.
- Avoidance of Listing Fees: Listing a mobile home park for sale through a real estate agent can result in high fees and commissions. A fast cash offer eliminates these fees and provides a simple, straightforward solution for owners.
- Cash Payment: A cash offer provides the owner with an immediate payment, which can be used for a variety of purposes, such as retirement, debt repayment, or investment in other opportunities.
- No Need for Repairs or Upgrades: In a traditional real estate sale, owners may need to invest in repairs or upgrades to make their property more attractive to buyers. A fast cash offer eliminates this requirement, as buyers are typically willing to purchase mobile home parks in their current condition.
Also, there is a reduced financial risk for working with a mobile home park brokerage. Often, arrangements like seller financing can fall through. Additionally, Mobile Home Park Instant Offer has a simple, easy closing process. We can get you a quote within a short amount of time, and you can get a check after we go through our valuation process.