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Mobile Home Park Investing

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Sam Epperson
  • Real Estate Agent
  • Bloomington, IN
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52
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Finding the market value for POHs

Sam Epperson
  • Real Estate Agent
  • Bloomington, IN
Posted Apr 18 2022, 17:48

I've got an off market deal with 9/10 being POHs. It's mom and pop, and he's only charging a standard rent. Not charging "lot rent + home rent".

How do I find the market value of the park owned homes? I'll need this to correctly find the price of the entire deal.

Also, after purchasing the deal, is it best to lease-option the homes back to the tenants? What's the best strategy to offload these homes that I don't want to be in charge of maintaining?

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