I do everything from SFR's to multi-family, storage units, mobile home parks, assisted living, etc.Lets connect!

Purchase price: $400,000 Cash invested: $80,000 Small Mobile Home Park with 8 doors, Workshop, 2 RV Spots, and office. 5 Acres What made you interested in investing in this type of deal?

In this case I would go condo, if it was on a lot that you owned I would go manufactured/mobile home

I do have a septic and after doing some research it can handle at most 10 people so I just informed them they would need to bring mobile restrooms. now to see what they say...

Buy and Hold Mobile Home Community - Harvested 3 yrs after purchase

Mobile Home Community Buy and Hold - Then Harvested

Mobile Home Community Buy and Hold

Skirted, on stacks of cinder blocks, like a mobile home––not on wheels, permitted, but not on a permanent foundation.Though there is seasonal ebb and flow, historical data from friends' properties in the area appears to be matching up with what my property is generating––an expected $25K in after-management-fees revenue from each unit is reasonable, with more possible.

Definitely get with a mobile home park insurance agent for their advice but one coverage that is often overlooked is business interruption coverage which covers you for loss of income from a catastrophic event (hurricane/tornado/etc).

/NH15-532-1982-eng.pdf ⁣⁣In summary from that study: “Review of the rent control literature shows that if rent controls are left in place long enough, they will impact negatively on maintenance levels, abandonment, rental housing stock and investment, and labor mobility.”⁣⁣What do you all think?