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Updated over 5 years ago on . Most recent reply

User Stats

53
Posts
5
Votes
Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
5
Votes |
53
Posts

Average Cap Rate for Mobile Home Parks

Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
Posted

Hey everyone,

I'm really getting excited about Mobile Home Park investing. I'm noticing a lot of "turn key" or fully occupied MHPs going for a 10%-15% cap rate. Is this because they just want to retire or what?

Most Popular Reply

User Stats

186
Posts
173
Votes
Ryan Groene
  • Specialist
  • Cleveland, OH
173
Votes |
186
Posts
Ryan Groene
  • Specialist
  • Cleveland, OH
Replied

 im not sure where you seeing this, but as a full time owner/operator....true 10-15% cap rates are hard to come by now a days as the market is filled with people getting into it and owners that are creating there own brokerage firm by calling every letter they ever received. 

Where are you seeing this? 

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