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Updated almost 6 years ago on . Most recent reply

User Stats

175
Posts
86
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Connor O'Brien
  • Chicago, IL
86
Votes |
175
Posts

16 unit mobile home park

Connor O'Brien
  • Chicago, IL
Posted

Does anyone have an example mobile home park underwriting?

I'm looking at a 16 unit park with 3 unoccupied units. $625k asking ($39k per lot). 

are there any heuristics out there? Types of insurance needed? Utilities costs?

I know to ask how many homes are park owned and if utilities are with the city. Any other good questions to ask?

Thanks bp!

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