Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
Mobile Home Park Deal Analysis
Any experienced MHP investors out there? I'm working through analyzing bigger deals and came across this one:
https://www.loopnet.com/Listing/Hopkins-SC/16714295/
To note, all but one of the homes appear to be owned by the lot so maintenance/repairs could vary wildly year to year and would require quite a bit of work. Other than that, the deal appears to net ~$250k/yr after expenses (not including prop mgmt I believe).
One thing I noticed, in 2017, expenses were ~$40k higher than 2018 and for 2019 (projected) due to "completely rehabbing several units"