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Mobile Home Park Investing

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David Song
  • Real Estate Broker
  • Redwood City, CA
875
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668
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Recently purchased mobile home park - to do list

David Song
  • Real Estate Broker
  • Redwood City, CA
Posted Jul 24 2017, 07:53
Just purchased a park in Modesto, ca. Total 59 lots, 49 occupied. The lots are small, fit single wide trailers only. The current lot rent is low, $355. Nearby parks charge around 400-450. Plan to fill the vacant lots first, then raise the lot rent slowly over time to $400ish. Anyone knows a good source of decent used single wide in Modesto area?

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