Moving a Manufactured / Mobile Home

[Jaren Woeppel]

Hey, BP Community

I am in the St. Augustine, FL area and have a question the manufactured home investor community. I am looking at potentially purchasing a lot that currently has a manufactured home there. I have never invested in this type of property before, so I was wondering if there was, if any, value in the manufactured home? How easy and what is the cost associated with relocating a manufactured home? Are there buyers for these kinds of homes? Do they have to fit into a certain age / condition criteria to even be considered? If there is no value, what kind of costs and cleanup are there with removing the home from the property?

I know I threw a lot out there but I am hoping someone knowledgeable in the space will have some insight to share and it will help the general community as well.

Thanks,

Jaren

[Jaren Woeppel]

@Chase Louderback Thank you very much for the detailed response! After reading the responses, I could have been more specific on this particular situation. I am investing in the lot long term, where I will eventually build a new home. Currently there is a manufactured home on site. I am ultimately trying to see if there is a positive value for the home being there, or if it will end up being a negative value.

Ideally, it would be wonderful to be able to sell the home and have it transported to the buyers location. Based on what @Rachel H. @Dave Rav and @Jeff Dawson recommend, I think my first course of action is to check with local mobile home and FB marketplace to see if I can find a willing buyer.

My next thought would be to see what repairs would be needed to rent the home, until we are ready to build.

I guess the last option would be to just get a quote to demo and haul away. The mobile home was built in 1981, so we should be good on the asbestos front, but I am not sure how valuable a manufactured home of that age is?

Really appreciate all the thoughts and commentary. If there is anything I am missing or overlooking, please let me know!