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Mobile Home Park Investing

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Carla Newton
  • Centralia, IL
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good place for a mobile home park?

Carla Newton
  • Centralia, IL
Posted Jun 28 2016, 15:44

I'm a total newb to real estate and would appreciate feedback. I own free and clear a 5.25 acre piece of farmground, nice n flat, frontage to well paved road,good school district, in country about 5 miles from a town of 18.000. My land is located about two miles from the county's largest employer.  I have very little cash. Right now the only return I'm getting on my ground is about $500 a year from tenant farming. I'm wondering about opportunities for a mobile home park? Should I look for a developer?   Any input appreciated, thank you    Carla

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