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Updated over 4 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Richert Dart
  • Rental Property Investor
  • Des Moines, IA
3
Votes |
11
Posts

Mobile home park formula question

Richert Dart
  • Rental Property Investor
  • Des Moines, IA
Posted

Have a deal that has 6 owner occupied tenants at $190 per month. It is zoned for up to 15. My question is do I base my valuation on # of occupied x 60 x 190 or 6 x 60 x 190?

Or do I do 15 x 60 x 190?

Either way I have a good deal, just want to make sure my offer is correct.

Thank you.

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