Mobile Home Park Lot Rents

[Jordan Moorhead]

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

[Abraham Anderson]

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.