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Updated 22 days ago on . Most recent reply

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Sarah Hooff
  • Real Estate Broker
  • Newburgh, NY
54
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62
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Power Metering Strategies for Mobile Home Park Developments

Sarah Hooff
  • Real Estate Broker
  • Newburgh, NY
Posted

Hello mobile home park-ers! 
I'm a mobile home park newbie and looking at a deal with great returns. The mobile home park, however, has a super messy way that they manage sub-billing each unit for power.  Management is sending people out each month to manually read electric meters, then manually generating bills for usage fro each mobile home. 

Is this normal? What solutions have you seen for this situation? I assume installing direct meters from the utility company is not cost effective or possible?

Thanks for sharing your experience! 

  • Sarah Hooff
  • Most Popular Reply

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    Replied

    My MHPs and LTRV parks are individually metered meaning tenant pays direct to the the utility for power.  Obviously the best way to go if possible.  Your answer will certainly lie with the utility company... they will know why things are the way they are.  Late last year I added a couple long term RV spots and went with one meter to save money (I include all utilities in the space rent for just these two RV spots).  Had to upgrade the transformer though and that was a bit of an expense.  Point being those necessary upgrades may be the reason prior owner chose to handle his own meter reading and billing.  

    Anywho... call your power utility and they will have the scoop for you I am sure.

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