Finding mobile home park deals

Finding mobile home park deals

Bellevue, WA · Member since 2011 · 7 posts · 1 vote

Can anyone give me a pointer on how to find a deal? I'm a bit of a noob here, but the rational me might assume that if a park is listed on public sites such as loopnet.com, that they might not be a deal at that point.

Should I look for parks that are bank owned? Any strategy info is appreciated.

Dave

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  • Property Manager · Dublin, OH · Member since 2009 · 1k+ posts · 291 votes
    14y

    Hello Dave,

    MobilehomeparkStore is a good source.
    Here you will find anything, for sale by owner and bank owned parks.

    -Uwe

  • Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
    14y

    Uwe mentioned the Mobile Home Park Store which is a good site for shopping. They also do boot camps I've heard are good. You might also look for a broker that specializes in MHPs.

  • Member since 2009 · 499 posts · 117 votes
    14y

    You will find any park on its own well and septic to be a much better looking deal,,,when if fact they are not. Buy only if they are on city water and sewer or equivalent. Dont ask me how I know.

    Actually been there done that,,,water and sewer regs are getting tighter by the day and will result in a closed court at your expense.

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