Updated almost 11 years ago on . Most recent reply
Benefits of organizing under RV statutes vs mobile home park statutes
Can anyone give me any information on why it is better to organize our park as an RV park vs a mobile home park? We have spaces for both, ratio 150 RV spots to 400 mobile home spots. Thanks
Most Popular Reply
Mobile home parks are always more valuable than a comparable RV park. Recreational Vehicles have engines in them. That means your cash flow drives off.
Mobile homes are not actually that mobile. Best industry estimates are that mobile homes stay in parks for 40+ years. Your cash flow stays if it is tied-down to the land with permanent utility connections.
Best,
-Jefferson