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Mobile Home Park Investing

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Ramon Pena Alvarado
  • Real Estate Consultant
  • Denver, CO
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29
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Expenses of MH parks

Ramon Pena Alvarado
  • Real Estate Consultant
  • Denver, CO
Posted Oct 21 2008, 10:27

Im seeing a few deals here and there in the mobile home arena. Im curious about the expenses attached to mobile home parks.
In multi-family its safe to say that 50% is a good number, but Ive been seeing 30-40 % expenses on some parks. Are the owners just fudging?? Or are expeses really that much lower on MHP's?Thanks...
Ray..

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