Mobile Home Park Development
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
