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Mobile Home Park Investing

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Jon H.
  • Investor
  • Kent, WA
16
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55
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What's your cap rate for mobile home park?

Jon H.
  • Investor
  • Kent, WA
Posted Sep 8 2015, 14:15

Hi BP,

    Can you share with me what your mobile home cap rate is?

  The one i'm looking at is a space rent only and does not own any of the homes.  There is also a 1,400 SQ ft stick built home on the property. 

What is a normal/average cap rate for a mobile home park?  I'm from the Seattle, WA area.  I would be interested to hear cap rates from other areas as well!

Thanks

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