Mobile Home Park Owners, time for a Sale

Mobile home parks had been a forgotten real estate asset for many years while the pursuits of office buildings, shopping centers, freestanding retail buildings, and apartment complexes dominated headlines.

However, with ever rising rents and stagnant wage growth, mobile home parks have become increasingly attractive for the demand from renters and mobile home owners seeking affordable housing. Investors have also caught on to the lower costs for operations and management with room for equity growth only a few years into leveraged financing.

Park Owners who have owned their Parks for many years are ready for retirement. It is still an exciting time to consider mobile home parks. If you are a current Park Owner, reach out to us discuss your options. We can also discuss property management as well.