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To: MtnClimber
Well-run mobile home parks can be very profitable. Several in my area have been purchased by national businesses at prices that appear, on the surface, to be much higher than one would expect (i.e., out of alignment with other RE prices).
3 posted on 07/27/2022 5:26:11 AM PDT by RoosterRedux
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To: RoosterRedux

Blackrock doing the same with single family homes and Bill Gates is doing it with farmland. https://freerepublic.com/focus/f-chat/4081278/posts


16 posted on 07/27/2022 5:59:58 AM PDT by Pollard (If there's a question mark in the headline, the answer should always be No.)
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To: RoosterRedux
Well-run mobile home parks can be very profitable. Several in my area have been purchased by national businesses at prices that appear, on the surface, to be much higher than one would expect (i.e., out of alignment with other RE prices).

I've seen articles like this in the past. When the trailer parks are sold, the new owners have to recover the sales price and make a profit. That said, it seems to me big investment houses are scrapping the bottom of the barrel buying trailer parks.

32 posted on 07/27/2022 6:55:02 AM PDT by EVO X ( )
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