Mobile Home Parks with Vacancies

[Logan Hartle]

Hello,

I am looking at investing into a few value add mobile home parks. They are underperforming due to significant vacancies (vacant pads not vacant park owned homes). If I am to buy one of these parks where is the best place to find mobile homes to move onto the pads? Should I leave that to the tenants or go find them myself and resell them?

Thanks All

Logan

[Monique O.]

@Logan Hartle you could also reach out to a mobile home dealer and see if they might work a deal to move in a few homes on consignment. That way you do not have to pay upfront costs to fill the park. When the mobile sells, you each get your cut of the deal. The new owner would reimburse the cost to move and set it up as well. Continue the process until the park is full!