What's your cap rate for mobile home park?
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