Reason #1: You Don’t Have Time To Manage the Property
Many landlords who own apartment units outsource the care of these units to a property management company. Most trailer park owners tend to shoulder this burden on their own or pass this on to another tenant for reduced rent. If you can’t manage the property, there are probably repairs that need to be made, and not making these repairs will reduce the value of the property over time.
Reason #2: You Have Vacant Trailer Park Lots
Over time, lots on the property may become vacant. There are some reasons for this:
- The utility hookups no longer work.
- The trailer on the lot is inhabitable.
- The park as a whole is in decline.
If you do a cash offer on your trailer park, Mobile Home Park Instant Offer will buy your property outright and repair it so you don’t have to worry about lots that don’t make you money.
Reason #3: You’re Not Making Enough Money
Income potential is a huge reason why people want to buy a trailer park. If you’re not making as much money as you’d like, it might be time to sell. Mobile Home Park Instant Offer will make you an offer that reflects the current market value of your park so you can walk away with cash in hand. At the end of the day, many residents become “grandfathered” into the rent that they pay. On other occasions, the property might not be in good shape to justify raising the rent. Selling your mobile home park will help you get fast cash to make money in other investments.