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Mobile Home Park Investing

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Tiffany D.
  • Huntington, WV
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I know Frank says not to build a park but...

Tiffany D.
  • Huntington, WV
Posted Jul 18 2015, 18:07

I my area of Appalachia, mobile homes are pretty standard. Unfortunately mobile home parks can be super small, haphazardly compiled, and in great disrepair--but not for sale. This area is not a beautiful, tourist area; although there are touristy sites a few hours from here. 

I actually lived in a mobile home (and mobile home park) for several years when we first moved to WV. The park has since expanded due to demand but it is decently far out in the country. However, to some degree, the people of this area expect to drive a while and living a little bit in the country is sometimes coveted. 

Is there any set of circumstance where it would be a good idea to build a park?  Maybe in a really good school district near nicer/newer homes? 

Thoughts?

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