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Updated almost 4 years ago on . Most recent reply

User Stats

75
Posts
48
Votes
Todd Campbell
  • Investor
  • Mc Lean, VA
48
Votes |
75
Posts

Mobile Home Park for auction - what should I be thinking about?

Todd Campbell
  • Investor
  • Mc Lean, VA
Posted

I'm looking at a MHP that is for auction. It is small, only 10 sites, with 8 homes owned by the site renters. There is a management company in place (which is a requirement of mine). The MHP is on city sewer and water (which I believe to be a bonus). 

I've been renting single family homes for many years, but I don't have any experience with auctions or MHPs. 
What do I need to look for and watch out for?

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