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Mobile Home Park Investing

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Chris Mason
  • Lender
  • California
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4-star mobile home park mortgage options, April 2024

Chris Mason
  • Lender
  • California
ModeratorPosted Apr 6 2024, 15:43

Just sent this over to a client, in place NOI yields a ~9% cap rate on this park, which of course feeds into making 75% LTV doable. All are at less than 1.5 points. Blacking out just enough so that the exact property can't be looked up. Note one of them is at 65% LTV.

Good hunting!

  • Lender California (#1220177)

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