Updated about 7 years ago on . Most recent reply
Mobile home park appraisal
I have a question about appraisals on a mobile home park. The park I am looking at has some mobile homes that are "rent to own". I understand the valuation of the lot rents, but how would the income from the RTO be valued. I wouldn't think it would added into the income that is capitalized. Would the total amount owed on the trailers be added to the capitalized value?