Mobile Park Analysis
Hi, I just want to ask for your insight on this mobile park deal our team is currently working on. It has 8 units, but only 1 of them is occupied and it is tenant-owned with $150 rent/mo for the lot. There are barely any comparables for mobile homes in a park in the area which could help us gauge the possible rent/POH and complete our analysis. Also, we are using the Mobile Park Calculator that we got here in BiggerPockets, and since 7 of the 8 units are not rented right now, the numbers are really pretty low on the calculator.
Any suggestions?
And if you have any other mobile park analysis sheet/calculator that you want to recommend, we'll be very happy to check it out. Thank you!