I listed my mobile home park (at a reasonable price), and have had almost 20 calls on it, and sold it to the first caller after only having it listed for a few days. This is such a GREAT site to put sellers in touch with buyers.
This is the best place to advertise mobile home parks for sale!!!”
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Mobile Home Parks are one of those few investment properties that you can buy and immediately start having cash flow. With the difficulty in obtaining financing on any type of commercial real estate right now, it is a buyer's market at last. If you are creditworthy and have the capital to invest there are some great mobile home park investments which have immediate 10% plus cap rates and 15% plus cash on cash returns.
If you are tired of negative cash flow on single family homes and low cap rates on apartments with the constant repairs that go along with them, then you might want to consider the best kept secret in commercial real estate... Mobile Home Parks!
In a poor economy, there tends to be a greater demand for affordable housing and this asset class fits that bill.
Latest Mobile Home Park Articles on MobileHomeParkStore.com - View All Articles
The U.K. has voted to exit the E.U. That’s a lot of initials. But there’s one more: that’s “O.K.” with mobile home park owners. Indeed, Brexit is a great thing for the mobile home park industry, which makes big gains as a result, with virtually no downside. So if Brexit is thought to be the beginning of the end of the free world – and the stock market is certainly demonstrating that to...
There have been three transactions in the mobile home park industry over the past 90 days. And each one was around $2 billion. That’s right billion with a “b.” The three mobile home park portfolios were Carefree, Northstar and YES (which is so fresh that it’s still just a rumor). That’s six times more than the largest transaction in history to date, and all in just a few months. So wh...
When you buy a Mobile Home Park that needs to be turned around (and most parks need some type of turnaround), the first thing you need to do is disengage the prior ownership/management. Face it, if the park is not running like it should be, you will most likely want to start over with a new management team. Even though the prior owner is usually to blame for the poor operations of the park, it is ...