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Updated 12 months ago on . Most recent reply

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Chris Mason
  • Lender
  • California
10,791
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Mobile Home Park Investing

4-star mobile home park mortgage options, April 2024

Chris Mason
  • Lender
  • California
ModeratorPosted

Just sent this over to a client, in place NOI yields a ~9% cap rate on this park, which of course feeds into making 75% LTV doable. All are at less than 1.5 points. Blacking out just enough so that the exact property can't be looked up. Note one of them is at 65% LTV.

Good hunting!

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    Quote from @Mark Walker:
    Quote from @Chris Mason:

    Just sent this over to a client, in place NOI yields a ~9% cap rate on this park, which of course feeds into making 75% LTV doable. All are at less than 1.5 points. Blacking out just enough so that the exact property can't be looked up. Note one of them is at 65% LTV.

    Good hunting!


     Thank you for this, I'm looking at a MHP currently. 


    I'm looking for Mobile Home Park lender. Do you have any suggestions?
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