WebApr 15, 2011 · Mobile home parks sell for capitalization rates of 7% to 10%. As a result, the average park owner has no pressure to dramatically increase rents. And when rents … WebJan 24, 2024 · If multiple mobile home parks in our location have sold at 10% cap rates, we understand that we can expect to buy similar parks at a 10% cap rate in our market. If we didn’t have a cap rate, then we would have no idea what our $98,500 income in the example above is worth.
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WebJul 19, 2024 · Housing costs are rising around the country, both in home prices and rent. Those increases are hitting hard in Michigan’s mobile home parks, where many residents survive on fixed incomes or low … WebApr 10, 2024 · Traditionally, Mobile Home Parks have some of the highest cap rates ( 7-10% National Average) across all of the asset classes. Only a few select niches such as self-storage ( 8.5-9%) and assisted-living … how do i print my certificate
Mobile Home Park Guy on Twitter: "The Goldilocks zone for …
WebRight now, interest rates are running on most mobile home park deals about 5% to 5.5%, but as quantitative easing is relaxed, and what that is, that's a thing that began under the Obama Administration after the 2007 Great Recession began to liberally try and jumpstart the economy by keeping interest rates artificially low. Web51 Unit MHP on 15-Acres - Seller Financing - 10.5% Cap Rate! 1111 Hwy 17 Davenport, FL 33837 View OM 1/16 $1,295,000 Cloverport Mobile Home Park Mobile Home Park 7650 FL-78 Okeechobee, FL 34974 View OM 1/3 $2,788,000 Suwannee Community Mobile Home Park • 8.14% CAP 937 Bryson St NE Live Oak, FL 32064 View OM WebSep 11, 2024 · The average monthly rent in mobile home parks has reached $530 per space, according to NorthMarq, following a 3.9 percent rise in 2024. The rental rate has … how much money do you need to study abroad