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Updated almost 13 years ago on . Most recent reply

User Stats

471
Posts
95
Votes
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
95
Votes |
471
Posts

Potential Mobile Home Park Purchase

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

I've been looking to buy a good mobile home park and have found one that might be an attractive.

I would appreciate any comments, advice or suggestions about whether this is a good one or not and what are the best ways to evaluate a MHP?

Overview:
- 15 MH's rented and owned w/ 3 additional spaces available
- 1 2000 sq ft house on site
- 5+ acres of land
- Average rent/mo/MH $700
- House rent/month $1200

Selling Price: $795,000

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