Skip to content
Mobile Home Park Investing

User Stats

3
Posts
0
Votes
Casey Rutherford
  • Real Estate Agent
  • Atlanta, GA
0
Votes |
3
Posts

One Tenant owns several MH in Park

Casey Rutherford
  • Real Estate Agent
  • Atlanta, GA
Posted Sep 13 2017, 19:34
I'm looking at a 14 pad MHP that technically it is all lot rent; however, one "tenant" owns 11 of the 14 tenant owned homes and leases them privately. Can anyone weigh in on pros and cons of a setup similar to this? I assume pros would include more consistency in rent despite any vacancy and it would be very expensive for this tenant to move 11 homes, but less control of tenant quality, etc? Thanks!

Loading replies...