Covid-19 VS Mobile Home Parks

[Grant R.]

I've love to hear from mobile home park owners or managers!  On the broader scale in general Midwest markets, how did mobile home parks fair during Covid (LAST 12 MONTHS)?  Were occupancy numbers up/down?  Was rental income steady/better/worse?  

[Andrew Thomas]

@Grant R.

I don't own a park yet, but am in the market to buy one. Based on everything I have seen from other owners, the COVID impact has been minimal, as mentioned by the gentlemen above.

I think part of it is due to the nature of their work. Most residents have jobs that are considered "essential". In large part, they are the stereotypical blue-collar workforce. Much of their work is stable, hands-on, and in-person. Trades like truck drivers, EMTs, welders, and so forth cannot yet be shipped overseas or done over a Zoom meeting.