Mobile Home Park Investing

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Charles Chester
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Mobile Home Park Development

Posted Jan 18 2022, 17:30

I have been considering getting into the development of mobile home parks.  A piece of property came up for sale in town that has the right shape for it I think.  I have attached a PDF I did earlier today for review.  

I have questions on the utilities if someone has been down this road before.

I wanted to do a phased approach to minimize capital and expand as needed.  Is this the right thinking?  Would it be better to install all utilities in Phase I and the pads as needed?

What could be added to separate this from others in the area?  I was thinking playground equipment, basketball goal, stocked pond.

What are things that you overlooked during your development that I should be looking for?

Charles

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