Updated over 5 years ago on . Most recent reply
16 unit mobile home park
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!