Updated about 4 years ago on . Most recent reply
Mobile Home Park Valuation
Is there a common method for accounting for the ages of mobile homes when considering the value of a mobile home park? These homes are not parked owned. However, I feel the age needs to be considered because as they age out it's going to fall on the park owner to likely replace the home and upgrade the electrical/pads for a new home. This is in New York. Other states might not have as much concern. Thank you!