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Updated over 5 years ago on . Most recent reply

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Brandon Walter
  • Member since Jun 18, 2019
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Brandon Walter's profile image
Brandon Walter's profile image
Brandon Walter
  • Member since Jun 18, 2019
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Brandon Walter
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Mobile Home Park Investing

Property Evaluation - Mobile Home Park

Brandon Walter
Posted

Hi everyone, a bit new to real estate investing especially as it relates to investing in Mobile home parks. Looking for advice on how to evaluate MHP listings. For example:

Asking Price: 1,495,000

Cap Rate: 6.36%

Units: 20

Lot size: 1.75 acres

Any advice/inputs on what to look for when evaluating a mobile home Park would be greatly appreciated.

Thank you!

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