Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

29
Posts
9
Votes
Nick Brigham
  • Real Estate Agent
  • Windham, NH 03087
9
Votes |
29
Posts

Can I convert a 55+ MHP into a regular mobile home park?

Nick Brigham
  • Real Estate Agent
  • Windham, NH 03087
Posted

Hi Everyone,

I am asking for my buyer who is looking to buy a mobile home park in MA. The one he is currently looking at is a +55 mobile home park off market deal.  He doesn't necessarily want it to be +55 as it will limit his renter pool.

Does anyone know if once he buys it can he just convert it to a non +55 park? Im guessing it has to do with the licensing and need to check with the town but has anyone had experience doing this? 

Any feedback is awesome!!!!

-Nick Brigham

Most Popular Reply

User Stats

363
Posts
941
Votes
Frank Rolfe#1 Mobile Home Park Investing Contributor
  • Real Estate Investor
  • Ste. Genevieve, MO
941
Votes |
363
Posts
Frank Rolfe#1 Mobile Home Park Investing Contributor
  • Real Estate Investor
  • Ste. Genevieve, MO
Replied

You need to talk to the state mobile home association for MA, as well as HUD. Changing the status from 55+ to "all-age" is VERY complicated. I think that you normally have to get a majority vote from the residents to allow for it (which they won't do) but on top of that they may sue you for "promising" them 55+ when they moved in and then changing it to all-age.

You need to do a TON of research on this topic before you proceed -- and even then I'd want confirmation from a state-licensed lawyer as to what the steps are.

Loading replies...