@Nicholas Leslie The man that know most everything about Apopka here on BP would be @Russell Holmes. As far as the park it's self yes I know it. I have done some photography there. I also know that the area could see a large boom soon since there is a planned publix going in out there.
@Nicholas Leslie The man that know most everything about Apopka here on BP would be @Russell Holmes. As far as the park it's self yes I know it. I have done some photography there. I also know that the area could see a large boom soon since there is a planned publix going in out there.
@Nicholas Leslie I don't work with mobile homes very often other than an occasional manufactured home affixed to owned land. However, if you're referring to Rock Springs Mobile Home Park specifically, I will say it is the park I hear complained about most often on local FB pages and the like. Management that can't keep the water pressure up or service on, or trash picked up. Rampant drugs/crime, police activity, etc. There are much quieter and more stable parks just a little to the north off Mt. Plymouth Rd and out toward Mt. Dora. If someone is over 55 yrs old, Zellwood Station is an incredibly nice country club manufactured home community just West of Apopka in Zellwood.
From an investment standpoint if you're looking at buying one in a park for cash flow, sketchy/poor management would be my biggest concern since they control the park its in. However, if you happened to be looking to buy an entire park to add value by pulling it up to be a nicer community, RSMHP would likely be awesome for that. It needs a lot of work/help.
That being said, there are also countless mobile homes on their own parcels of land in the Rock Springs Area, not in Rock Springs Mobile Home Park. These being on their own land do count as 'real estate' and would comp with other mobile homes on their own lots of similar stats.
Not really sure if that helped with your question, and I can't transact business on mobile homes on rented land anyways, but maybe it helped some.
@Russell Holmes thanks for the information,that helped a lot and being that I’m a novice investor in mobile home parks that’s some great information to consider. Thanks again for your help and I would like some more information about some of the places you mentioned