Skip to content
Mobile Home Park Investing

User Stats

2
Posts
0
Votes
Stephen Stanton
  • San Antonio, TX
0
Votes |
2
Posts

Value of a mobile home

Stephen Stanton
  • San Antonio, TX
Posted Jan 13 2017, 15:41

Looking at buying a mobile home currently on a lot in a rv park.  The park manager has no issues with the mobile being rented out. 

This lot is owned not rented. I used  NADA and got a value on the mobile, it's a 2007 model. There are currently a few lots for sale in the park and I know what they are going for.  

Would a fair offer for this place be land value plus nada value for the mobile?

This park is in a small town and I really can't get any comps. The area sales are few with some mobiles in the park being sold on rented lots and others being new mobiles or older mobiles. 

Loading replies...