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Updated over 6 years ago on . Most recent reply

Eric Patrick Oden's profile image
Eric Patrick Oden's profile image
Eric Patrick Oden
  • Flipper/Rehabber
  • from Fairhope, AL
  • Member since May 25, 2017
  • Posts 39
  • Votes 13
  • Experience 8 Yrs
  • Investments 26
Connect

User Stats

39
Posts
13
Votes
Eric Patrick Oden's profile image
Eric Patrick Oden's profile image
Eric Patrick Oden
  • Flipper/Rehabber
  • from Fairhope, AL
  • Member since May 25, 2017
  • Posts 39
  • Votes 13
  • Experience 8 Yrs
  • Investments 26
Connect
Eric Patrick Oden
  • Flipper/Rehabber
  • Fairhope, AL
13
Votes |
39
Posts
Mobile Home Park Investing

How do you value MHP with POH

Eric Patrick Oden
  • Flipper/Rehabber
  • Fairhope, AL
Posted
Is it Cap Rate of pad NOI + resell value of mobile homes? $103,200 NOI / 10% Cap Rate = $1,032,000 30 POH * $10,000 resell value = $300,000 Park value or sell/buy it for $1,332,000?
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