All Forum Posts by: Kenneth Willis

I live about 10 minutes away from it. NOI is about $4200/mo right now. Avg lot rent is about $800/mo right now for the area.

@Jordan Moorhead

It is a 12-lot property. No lot rent as all trailers are owned by the park, but avg rent is $750, currently have 10 occupied. Tenant pays all utilities. There is also space available for an additional 3 mobile homes.

Hello, Although I have heard of this site before, I am just now getting my feet wet on the platform. I found a MHP that I am interested in possibly buying and came here to see what information I could find to help me determine if their asking price is reasonable and how to determine its value myself.