Self Into with a question

[Felipe Soto]

Hi ALL! Just wanted to do a quick intro with a question for anyone knowledgeable in the difference between both. First of all, I’m happy to have individuals to speak with similar interest.

I'm new at Multi-family, yet have spent time educating myself and understanding the ins and outs of Multi-Family Apartment investing for over a year. I’ve acquired wealth through other avenues in insurance businesses and I'm ready to invest in passive income now.

With that said, I noticed that CAPs in Florida are around 5 to 6%. I love the ability to take an apartment unit building by increasing NOI, therefore increasing the value and flipping it back to the market. Of course, it's not that simple, but very possible and done frequently by some.

I'm also looking at a few mobile home parks as well which offer 8 CAPS +/-. The COC return seems better. As a Landlord, I am not responsible for the Unit when buying a Mobile Park vs Owning an apartment building.

Here is my question. CashFlow is Better, CAPS are better., I don't know if it has the same ability to increase resell value through the increasement of NOI as well? Why would anyone do a mobile home vs an apartment just aside from Cashflow?

Thank you

Felipe