Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on . Most recent reply

Purchasing Buildable Lots near a Mobile Park
I was provided with the opportunity to purchase a buildable lot at a very interesting price. The lot is located near a major road expansion in a very fast growing area. My plans were to either develop it myself, partner with a developer or sell it later if the other two options aren't viable.
The biggest challenge I see is that the lot is located near a Mobile park. My thinking at this time is that, If I were to build townhomes or SF on the lots, the presence of the Mobile Park in close vicinity of the houses could be a deterrent to buyers.
I would like to get the opinion of others on this topic.
Thanks.