Our Buy Box
Our Buy Box outlines the specific criteria we use to identify and select mobile home parks that offer strong investment potential:
Populated MSA's
Within 45 miles of an MSA with a population of over 50,000 people.
Median Home Price
Median home price over $175,000 in the zip code where the mobile home park is located.
Total Lots
The mobile home park should be over 50 lots in total.
Occupancy
30+ occupied lots with paying residents.
Utilities
Public utilities preferred. We will review septic and well water private utility mobile home parks, however, at a better cap rate.
RV Lots - We Don't Do RV Parks
15% or less RV lots. There is no value added for these lots because our lenders don’t apply the income to the valuation.
How We Value Park-Owned Homes
~ $15,000
Mobile homes that are vinyl-sided and shingle roof:
~ $10,000
Mobile homes that are metal-on-metal:
~ $5,000
Mobile homes older than 1990, with flat/rounded roofs:
How the Process Works
Purchase Agreement
1-2 Months Average Time to Execute PSA
Due Diligence Completion
2-3 Months Average Time to Due Diligence Completion
Capital Raise
1 Month Average Time To Have Investor Funds Raised
Sale/Refinance of Project
24-60 Months Average Time to Disposition/Refinance
Purchase Agreement
1-2 Months Average Time to Execute PSA
Due Diligence Completion
2-3 Months Average Time to Due Diligence Completion
Capital Raise
1 Month Average Time To Have Investor Funds Raised
Sale/Refinance of Project
24-48 Months Average Time to Disposition/Refinance
*5-10% of the total profits
Step 1
Quick value the prospective mobile home park here:
Step 2
If the seller is within $1 million of this price, please submit it for review here!
Step 3
We will review the deal and get back to you!
