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Updated almost 8 years ago on . Most recent reply

Tania Kay's profile image
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Tania Kay
  • Investor
  • from Orangeburg, South Carolina
  • Member since Jun 23, 2017
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Tania Kay's profile image
Tania Kay's profile image
Tania Kay
  • Investor
  • from Orangeburg, South Carolina
  • Member since Jun 23, 2017
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Tania Kay
  • Investor
  • Orangeburg, SC
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Mobile Home Park Investing

Pricing a mobile home park for sale

Tania Kay
  • Investor
  • Orangeburg, SC
Posted

I have a mobile home park with 21 lots on it, all city sewer and water.  Current income is $1120/month with 3 lot renters planning on moving in at the end of the month, bringing total income up to $1540.  There's one park-owned unit rented, another ready to rent, and 7 park-owned units in need of rehabbing.   I've been approached about a sale, but would like some advice on pricing it.  Thanks.  

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