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Updated over 4 years ago on . Most recent reply

Connor O'Brien's profile image
Connor O'Brien's profile image
Connor O'Brien
  • from Chicago, Illinois
  • Member since Aug 8, 2017
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Connor O'Brien's profile image
Connor O'Brien's profile image
Connor O'Brien
  • from Chicago, Illinois
  • Member since Aug 8, 2017
Connect
Connor O'Brien
  • Chicago, IL
84
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172
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Real Estate Deal Analysis & Advice

16 unit mobile home park

Connor O'Brien
  • Chicago, IL
Posted

Does anyone have an example mobile home park underwriting?

I'm looking at a 16 unit park with 3 unoccupied units. $625k asking ($39k per lot). 

are there any heuristics out there? Types of insurance needed? Utilities costs?

I know to ask how many homes are park owned and if utilities are with the city. Any other good questions to ask?

Thanks bp!

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