Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment 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 7 years ago,

User Stats

9
Posts
2
Votes
Adam Pollard
  • Rental Property Investor
  • O'Fallon MO
2
Votes |
9
Posts

Trailer homes sold as a group but not the entire park

Adam Pollard
  • Rental Property Investor
  • O'Fallon MO
Posted
I am currently analyzing a deal that consist of 34 units within a trailer park. 29 of these units have trailers on them and 5 are empty lots. All the trailers are currently filled leaving only the vacancy's in the empty lots. The annual revenue is at $237k with ability to rise to $260k with new trailers put in place. It's up for sale at 1.4 million and in a tremendous area. Here is the problem, each of these trailers is spread out through a much larger park of over a hundred trailer homes that are either owner occupant and investors. I'm currently unfamiliar with trailer parks and sounds all great except for the competition and lack of control that comes with not owning the entire park. Please let me know your thoughts if you have had any experience.

Loading replies...