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Updated about 6 years ago on . Most recent reply
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Marketing for newly acquired mobile home parks
Sup again BP family,
As an update on a prior thread my group has purchased a MHP in Rock Hall, MD that I bird dogged and they have brought me on to help so I can learn more about the business. None of us have purchased a mobile home community before. We're doing major infrastructure changes and laying out plots to make them more attractive and removing junk trailers in preparation to stabilize the park and sell to another buyer.
So what is the best way to locate single wide trailers?
How do we market, advertise, incentivise new tenants?
We have about 15 paying tenants now, and anticipate 36 total plots.
Any advice/direction or references would be appreciated especially if you are interested/familiar with that area.
Thanks,
Michael
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21st Mortgage has the CASH program you might could look into. The fastest way is going to be able to move them in yourself versus waiting on others. But some owners do move in specials in which they pay for part of moving cost if someone will move their home into the park. Or if they move in the first few months are free with a 2 year lease as an example.