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Updated almost 4 years ago,
What is the typical business model for a MHP?
I'm looking into an MHP park that has a lot of potential but has been left to rot for some time now.
I'm a newbie to MHPs and wanted to see if someone could help me understand the most common business model?
Does the owner of the park own most of the mobile home or do the tenants? Also, if it's the latter what is the average cost per month to charge for the lot itself?
Just trying to get to where I can run some numbers.
Any more help someone could give would much very appreciated?
Thanks in advance!
Such as:
MHP Owner rents lots for say $200 - and - tenant owns their trailer and has to also pay find