Mobile Home Park Investor Dream Scenario
This is an entry level park that is easy to manage from out of town.
All utilities direct billed to the residents including trash.
City owned and maintained street.
The only expenses are taxes, insurance, mowing two lots, and licensing.
Below market rents.
Only one park owned home.
The water and sewer lines were replaced in recent years by the owner.
Income is based off lot rent only and not the home rent.
One 2023 model home is available for purchase at the wholesale value or by assuming the 21st mortgage on the home without additional capital infusion.
Broker owned.