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Updated about 7 years ago on . Most recent reply

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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
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Mobile Home Park Lot Rents

Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Posted

How do you determine what lot rents and POH rents should be for a mobile home park?

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The Moorhead Team
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137 Reviews

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Abraham Anderson
  • Investor
  • Sevierville, TN
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Abraham Anderson
  • Investor
  • Sevierville, TN
Replied

I've been evaluating MHP deals and the easiest way to determine it is check neighboring parks in the area. Drive around the neighborhood (or, look on a map), call the ads & find out what the rent is.

Search as many as you can, some may be very under market. An example is, a beautiful park I went to is charging $200/month lot rent, while a low end park is charging $300 lot rent, and both stay full.

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