“A HUD compliant mobile home that is regularly maintained and repaired as needed will last as long as a traditional home, anywhere between 30 and 50 years.”
https://homenation.com/blog/how-long-do-mobile-homes-last
Seeing that these are rental units even 30 years is a stretch. Some neighborhoods around our city don’t even last 10 years before they become the ‘hood.
A friend has been in real estate 35 years. Investment firms from all over the world ask him to buy up entire neighborhoods for them. The conversation goes like this:
“We want to buy this neighborhood for rental properties.”
“No you don’t.”
“Oh yes, it will be nice, we have property managers.”
“And they will spend all their time at the courthouse.”
“Oh no they won’t, we did this in Norway and Austria, we know how it works.”
“No you don’t, you’ll lose your money. It will be a ghetto.”
“That would never happen. We are professionals.”
“Okay, I will buy it for you. But don’t come back here and complain when you lost your shirts.”
I can just imagine what those ‘hoods look like . . .
The houses are rentals the land they sit on is rented
It’s up to the potential owners to do their due diligence prior to making an offer. Your friend should just smile and laugh all the way to the bank.