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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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Real Estate Deal Analysis & Advice
HomeForumsReal Estate Deal Analysis & AdviceHow to Evaluate Mobile Home Park with Unlivable Trailers
Andrew Yu's profile image
Andrew Yu's profile image
Andrew Yu
  • Investor
  • from Little Rock, AR
  • Member since Jan 5, 2016
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118
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Andrew Yu's profile image
Andrew Yu's profile image
Andrew Yu
  • Investor
  • from Little Rock, AR
  • Member since Jan 5, 2016
Connect
Andrew Yu
  • Investor
  • Little Rock, AR
37
Votes |
118
Posts
Real Estate Deal Analysis & Advice

How to Evaluate Mobile Home Park with Unlivable Trailers

Andrew Yu
  • Investor
  • Little Rock, AR
Posted Sep 19 2021, 19:21

Came across a potential MHP deal lately. It has about 8 to 10 park owned trailers. But they are not livable any more. Utilities are there though. My questions is how to underwrite the value of this MHP? Is it just land value now? Roughly about 1 acre inside city limit. 

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