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Updated about 9 years ago on . Most recent reply

Paul Schirmer's profile image
Paul Schirmer's profile image
Paul Schirmer
  • from Cincinnati, Ohio
  • Member since Dec 6, 2014
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Paul Schirmer's profile image
Paul Schirmer's profile image
Paul Schirmer
  • from Cincinnati, Ohio
  • Member since Dec 6, 2014
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Paul Schirmer
  • Cincinnati, OH
3
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Real Estate Deal Analysis & Advice

Mobile Home Park Evaluation

Paul Schirmer
  • Cincinnati, OH
Posted

I have an investment group that is specifically looking to purchase a mobile home park in the Cincinnati, Ohio / Northern Kentucky area.

As we evaluate different options, we'll do normal due diligence investigation (title, survey, zoning, etc.) and prepare a cashflow analysis, but wanted to get some feedback from the forum to see if there is any pitfalls/considerations specific to mobile home parks that members wish they investigated prior to purchase

Thanks, Paul

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Todd Willhoite's profile image
Todd Willhoite's profile image
Todd Willhoite
  • Attorney
  • from Claremore, OK
  • Member since Aug 21, 2013
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Todd Willhoite's profile image
Todd Willhoite's profile image
Todd Willhoite
  • Attorney
  • from Claremore, OK
  • Member since Aug 21, 2013
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Todd Willhoite
  • Attorney
  • Claremore, OK
61
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125
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Todd Willhoite
  • Attorney
  • Claremore, OK
Replied

A great resource for MHP due diligence is the book by Frank Rolfe and Dave Reynolds 30 Days of Successful Due Diligence on Mobile Home Parks

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