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Updated about 6 years ago on . Most recent reply

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Brandon Wynn
3
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15
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Vacant mobile home park

Brandon Wynn
Posted

Hello!  I am looking at a mostly vacant mobile home park for purchase.  My question is, if i wanted to make some online posts or try to understand the demand for renting one of my future lots, where would I go?  Any tips on how I can figure out if I will be able to fill the lots after I take ownership?

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Ian Tudor
  • Specialist
  • Charlotte, NC
245
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Ian Tudor
  • Specialist
  • Charlotte, NC
Replied

@Brandon Wynn - It is unlikely that you will fill up your park by marketing to people to move to the park unless a park nearby is getting shut down. Over the 3 years I've been doing it and over 100 vacant pads in multiple parks, I think we have lured 3-4 people. 

Your market might be different but I would go more proactive and acquire homes and bring them in yourself. It is very capital intensive but the payoff can be nice. 

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