Mobile Home Parks for Sale Across the US: Market Trends, Top Listings, and Due Diligence
Article
The manufactured housing sector continues to prove itself as one of the most reliable and defensive commercial real estate classes in the United States. While persistent shortages in traditional single-family home construction maintain elevated prices, manufactured home communities deliver essential workforce housing at sustainable price points. For investors, this imbalance translates into high tenant retention, predictable land-lease income, and resilient net operating margins.
Across national sub-markets, opportunities range from stabilized parks in the Northeast to high-upside western infill assets and large-scale southern land portfolios. To browse current commercial offerings nationwide, the central directory of mobile home parks for sale serves as the primary hub for evaluating properties across all stages of operations and values.
Featured Nationwide Mobile Home Park Acquisitions
Whether seeking high-cash-flow operations, entry-level community repositioning, or modular development land, five active listings demonstrate the breadth of current market inventory.
1. Village Green MHP (Corinth, Maine)
Represented by Scott Robert of The Dot Fernald Team, Inc., Village Green MHP is a stabilized community located at 344 Main Street, Corinth, ME 04427, offered at $1,875,000.
- Site Footprint: Licensed for 40 total lots (39 single-wide pads) across 40.38 continuous acres with an on-site maintenance garage.
- Financial Performance: Generates actual gross income of $225,000 against operating expenses of $54,345, delivering a net operating income (NOI) of $170,655.
- Actual Cap Rate: 9.1% with an efficient 24.2% operating expense ratio.
- Occupancy & Ownership Split: Includes 5 park-owned homes (averaging $920 monthly rent) and 5 rent-to-own agreements, with average base lot rent at $425 per month.
- Infrastructure Upgrades: Features a private road network, private septic systems, and comprehensive water distribution enhancements including a newly drilled well.
2. 14-Space Mobile Home Park (Cheyenne, Wyoming)
Listed by Codee Dalton of #1 Properties, this 14-Space Mobile Home Park in Cheyenne is positioned at 402 East Prosser Road, Cheyenne, WY 82007, for $1,500,000.
- Site Layout: Situated on a 2-acre parcel zoned MR (Medium Density Residential) containing 14 total single-wide hookups of approximately 2,200 square feet each.
- Turnkey Housing Package: Includes four upgraded, fully installed manufactured homes with all appliances conveyed, alongside a standalone 3-bedroom, 1-bathroom single-family home featuring shared laundry.
- Operational Cash Flow: The single-family residence and two mobile homes are currently leased out to tenants, offering immediate revenue alongside infill capacity.
- Municipal Infrastructure: Fully connected to city-provided water and municipal sewer mains, mitigating the capital risks of private septic and well systems.
3. South Carolina 25-Year Tax Sale Land Portfolio (Columbia, South Carolina)
Presented by broker Gil Bradham, this expansive South Carolina 25-Year Tax Sale Portfolio comprises up to 1,000 acres across strategic locations centered around 0 Main Street, Columbia, SC 29201 (Call for Price).
- Development Scope: A 25-year accumulation of over 100 tax-sale parcels zoned for multifamily, modular home placement, industrial, and workforce housing infill.
- Flexible Acquisition Structures: Available for bulk portfolio acquisition or individual parcel breakout, with negotiable 2- to 3-year seller financing on strong down payments.
- Logistics & Industrial Corridor: Spans primary growth corridors along I-77 south of Charlotte and mid-state I-95 routes, suited for commercial modular installations or multi-use workforce housing.
- Conveyance Terms: Properties convey via Quitclaim Deed on an "as is, where is" basis, with buyers conducting independent zoning audits, title clearance, and municipal permitting.
4. River View Estates (Fillmore, New York)
Positioned in Allegany County, River View Estates is located at 47 South Genesee Street, Fillmore, NY 14735, listed on the market for $599,000.
- Community Setting: Offers an affordable community footprint in western New York along the Genesee River valley.
- Accessible Entry Basis: Serves as a practical entry-level acquisition for private operators seeking sub-$600k purchase pricing in an established regional sub-market.
- Listing Access: Offered through platform early-access status for qualified manufactured housing investors looking to review full property financials before broad public circulation.
5. Friendship MHP (Friendship, New York)
Located nearby in western New York at 6547 County Road 20, Friendship, NY 14739, the Friendship MHP community is offered for $605,000.
- Asset Positioning: Provides immediate regional operational synergy for buyers targeting western New York portfolios or evaluating regional consolidation with nearby properties like River View Estates.
- Early-Access Underwriting: Available through designated subscriber windows, allowing investors to submit letters of intent (LOIs) and conduct preliminary rent-roll audits ahead of standard marketplace syndication.
Operational Model Breakdown: Tenant-Owned vs. Park-Owned vs. Land Development
Evaluating manufactured housing acquisitions requires aligning capital resources with the corresponding operational structure:
| Feature / Metric | Tenant-Owned Homes (TOH) | Park-Owned Homes (POH) | Land Development / Infill |
| Primary Revenue Driver | Lot lease rent only | Combined lot and home rent | Home sales and newly created lot rent |
| CapEx & Maintenance | Roads, grounds, utility mains | Roofs, HVAC, flooring, plumbing | Grading, utility trenching, pad installs |
| Management Intensity | Minimal (Passive) | Active (Property manager needed) | High (Permitting and civil contracting) |
| Gross Cap Rate Target | 6.0% to 7.5% | 8.5% to 12.0%+ | High variable yield on completion |
| Typical Tenant Turnover | Very low (5+ years average) | Moderate (1 to 3 years) | Dependent on sales velocity |
5-Step Underwriting Framework for Park Investors
A systematic due diligence routine helps investors protect equity and expose hidden operational risks before removing contract contingencies:
- Audit Underground Utilities: Always run sewer cameras through underground mains and test pressure across water distribution loops, verifying whether lines are municipal or private.
- Review Rent Rolls and Title Documents: Differentiate between park-owned titles and tenant ownership. Verify that titles for park-owned units are in hand, clean of liens, and transferable at closing.
- Inspect Physical Unit Conditions: For assets with park-owned homes, inspect flooring integrity, furnace systems, and roofs across every home to assemble an accurate CapEx estimate.
- Confirm Zoning and Permitting Status: Request written verification from the local municipal planning department confirming that the property holds grandfathered legal non-conforming status or conforming manufactured home zoning.
- Evaluate Environmental and Drainage Risks: Review FEMA flood maps and assess site grading to ensure all pads and access roads sit above local flood levels and shed stormwater effectively.
Find Your Next Mobile Home Park Asset
From high-yielding stabilized communities in Maine to value-add opportunities in Wyoming and expanding development parcels in the Carolinas, manufactured housing continues to offer practical avenues for commercial cash flow. Success in this sector relies on disciplined operational underwriting, active infrastructure verification, and access to fresh listing inventory.
To review active opportunities, analyze financials, and connect directly with listing brokers, explore the complete directory of mobile home parks for sale today.
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