Pros/Cons Mobile Home Park - Posted by Jen

Posted by John on September 17, 2004 at 06:54:55:

Jen,

There is a different forum where you will get find more people with MH
experience. Look for the one with MH in the name.

One discussion indicated that building is not a great way to go
compared to just buying one already up and running. The complexity
of setting up a park (permits, construction, establishing the park)
stretches out the deal when in most cases there is something available
as an alternative.

Each situation can be different. Make sure you take into account the
lead times and carry costs.

John

Pros/Cons Mobile Home Park - Posted by Jen

Posted by Jen on September 16, 2004 at 23:06:27:

Hi everyone. My name is Jen and I’m new to this site. I am a landlord with four SFH in Louisiana. However, I am looking into building a mobile home park. What are the pros and cons of owning such a park? Ideally, I will have 25 lots. Also looking into the possibility of turning one of those lots into a storage facility for rental to my tenants at the MH Park.

Pros and Cons most welcomed! Thanks!
Jen