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Mobile Home Park Investing

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50
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Kelvin J.
  • Investor
  • Santa Rosa Beach, FL
7
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50
Posts

Katrina houses

Kelvin J.
  • Investor
  • Santa Rosa Beach, FL
Posted Nov 1 2014, 06:16

Hi.

I was wondering if anyone knew if the small 400 sq ft Katrina cottages would appraise in the same way a regular single family home might in terms of resale? Bearing in mind they are solidly built to code and could be set on pilings on a lot, not on a trailer.

Also would they appreciate in value in the same way a regular SFH might?

I'm assuming mobile homes and park models depreciate.

Any appraisers out there with thoughts?