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Updated almost 8 years ago,

Gentry B.'s profile image
Gentry B.'s profile image
Gentry B.
Pro Member
  • from Lehi, Utah
  • Member since May 6, 2015
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19
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4
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Gentry B.'s profile image
Gentry B.'s profile image
Gentry B.
Pro Member
  • from Lehi, Utah
  • Member since May 6, 2015
Connect
Gentry B.
Pro Member
  • Lehi, UT
4
Votes |
19
Posts
Buying & Selling Real Estate

Mobile home investment

Gentry B.
Pro Member
  • Lehi, UT
Posted

I am considering buying a small mobile home park for $150k (7 unit) that needs 6 trailers, each $10k.  The rent on them is between $500-575.  The number pencil to give it around 11% cap rate.  Does anyone have any experience owning them?  Worth it?  Good deal?

  • Gentry B.
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