Transitioning to Larger Parcels & Mobile Home Parks – Tips?

[Shema Cochrane]

Hey everyone,

This year, I’m shifting my focus more toward land development and moving away from smaller infill lots. I’ve been diving into larger parcels, seeing them as more versatile for future projects, and exploring the potential for mobile home parks specifically.

I’d love to hear from others who’ve made similar moves or have experience with larger tracts of land. What challenges did you face, especially when it comes to things like entitlement, zoning, and overall project planning? Any tips on sourcing land for mobile home parks?

I’m excited to continue growing and learning in this space, so any insights would be really appreciated!

Looking forward to hearing your thoughts!

[Ty Coutts]

Hi Shema,

It’s great that you’re expanding into land development and mobile home parks! For larger tracts, entitlement and zoning are key, so I recommend working closely with local planning and zoning departments early on to understand regulations and potential hurdles. You may also want to consider hiring a land use attorney or consultant to help navigate any zoning changes or entitlements needed for your mobile home park.

When sourcing land, focus on parcels that are already zoned for multi-family or manufactured housing, or at least close to it, to avoid lengthy approval processes. Look for areas with strong demand for affordable housing and check infrastructure availability like water, sewer, and roads.

Building relationships with local real estate brokers and connecting with municipal contacts can help uncover off-market deals and streamline your search. Finally, be prepared for long timelines and budget flexibility due to the permitting and approval process.

Good luck as you grow your portfolio! If you need any help with the financing, Aslan is beginning to offer the Chattel loan very soon which could be a great help. If you have any questions, feel free to DM me.