Updated over 6 years ago on . Most recent reply
Average Cap Rate for Mobile Home Parks
Hey everyone,
I'm really getting excited about Mobile Home Park investing. I'm noticing a lot of "turn key" or fully occupied MHPs going for a 10%-15% cap rate. Is this because they just want to retire or what?
Most Popular Reply
im not sure where you seeing this, but as a full time owner/operator....true 10-15% cap rates are hard to come by now a days as the market is filled with people getting into it and owners that are creating there own brokerage firm by calling every letter they ever received.
Where are you seeing this?