Investing in Mobile Homes

Investing in mobile homes is less expansion than other real estate options if you purchasing individual units. If you are interested in mobile home parks the capital requirement will be higher. 

Advantages 

  • Lower cost per unit
  • Lower cost for repairs & maintenance 
  • Demand is high

Mobile Home Park

  • Leverage risk with more tenants
  • Less tenant turnover with a lot lease
  • Less competition

Know before you buy

  • Mobiles do not appreciate, parks do
  • They wear and tear much quicker
  • Less return on investment if own single units in a park vs owning the park

Mobile Home Park

  • Need a consistent marketing plan
  • Must have systems in place to manage park
  • Need to maintain staff or vendors

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