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Updated over 6 years ago on . Most recent reply
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Space rental at a mobile home park
I'm looking at buying a 7 space mobile home park with one stick built house that is owned by the park. All of the mobile homes are owner owned. I was thinking of charging a flat rate per space. This morning I was given the space rental rates and there are 3 different rates being charged. All of the spaces in the park are the same size.
Is it normal for a park to charge different spaces different space rent?
thanks
Most Popular Reply
It is very common. Maybe they started the leases at different times, I have rents from $215 to $285. I am planning to standardize the rents, it is going to take some time though. I am not going to increase by more than $20 per year.