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A GREAT SIGN FOR YOUR
MOBILE HOME PARK IS AN INVESTMENT, NOT A COST
Most mobile home parks I have bought
come with a standard sign design – a 4’ x8’ sheet of plywood with a faded poorly
written name on it and no phone number. This must be a popular design because I
see it everywhere. There is also the design of metal or wood letters on a brick
or masonry wall with some of the letters missing. My favorite was on where some
kid had yanked off the letters and then spray painted some replacements so that
the sign said proudly “F___ Y__ Estates”. What was equally funny what that the
owner cared so little about the sign that he did nothing about it -- I drove by
several years later it was still that way.
You need to understand that your park
sign is extremely important to making money. Your sign is a pretty busy
employee:
- It offers a tenant and a
prospective tenant the initial positive impression of you property.
- It gives the phone number of the
park to anyone interested in renting a lot.
- It impresses city inspectors and
officials
- It impresses bankers and appraisers
- It works for you 24/7, takes no
vacation, and lives on nothing but sunshine.
I would propose that one of your
substantial investments in fixing up your mobile home park be to buying and
installing a professional quality sign.
I would empathetically recommend against
signs of wooden construction. Exposed to outdoor conditions, wood just doesn’t
work well. It fades cracks and eventually rots. Even sandblasted signs don’t
seem to be built for longevity.
I prefer signs of metal or plastic
construction with vinyl or molded letters – nothing painted. Paint fades and
flakes off over time.
I always put the name of the park and
the address on the sign, and then attach the phone number with two hooks to hang
under the sign. I do this so that if you change the phone number you can just
change out this panel and not the entire sign. Also, when you sell a park, if
needed, you can just detach the phone number and the new owner can attaché his
phone number.
I recommend that you pick a standard
design that you can use at all you mobile home parks. It will really impress
you banker, and you only have to come up with your dream design one time and
then use it over and over again.
I choose a sign design that works well
with white vinyl fencing, which I also always use at the entrance. It would be
a great touch if you came up with a standard entry design that helped accentuate
you attractive sign.
Sure, a professional quality sign is
expensive – but look at all the benefits. When you go to sell the park, that
nice sign and the great first impression it gives the buyer, may make you 100
times what the sign cost. And that doesn’t count all the income that the park
derived from impressed drive-thru tenants.
Remember, a sign is not a cost – it’s an
investment!
Frank Rolfe, MHPCollege.com |