Buying A Mobile Home Park Pros | And Cons
Mobile home parks can yield annual returns of 8–12% , often outperforming traditional multifamily properties. Because you typically own the land and not the units, your operating expenses are significantly lower—often 20% less than apartment complexes.
Below is a blog post exploring whether this unique niche is right for your portfolio. The Highs and Lows of Mobile Home Park Investing buying a mobile home park pros and cons
When the economy dips, the demand for affordable housing only grows. This makes mobile home parks a "defensive" investment that remains stable while other sectors struggle. Mobile home parks can yield annual returns of
Moving a mobile home costs between $3,000 and $10,000+ . Because of this high "exit cost," tenants are much less likely to move, leading to turnover rates as low as 5% compared to 40% in apartments. The Highs and Lows of Mobile Home Park