Mobile Home Park Investments: Turning Nightly Rentals into Monthly Income
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Andrew Keel
Recently bought a 136 lot mobile home park investment from an owner that rented out each home by the room and had tenants paying nightly, almost like a motel.
The potential value-add with mobile home park investments is to convert the homes to ‘tenant-owned’ and monthly pay, so it qualifies for long-term agency debt.
Simple but not easy.
Recently bought 136 lot #MobileHomePark from an owner that rented out each home by the room and had tenants paying nightly (like a motel) 😟😱
— Andrew Keel (@AndrewKeel5) October 5, 2023
The value-add here is converting the homes to ‘tenant-owned’ and monthly pay so it qualifies for long term agency debt. 🤩
Simple but…
Learn more about mobile home park investing.
Interested in learning more about mobile home park investing? Get in touch with us today to find out more.
Are you ready to explore mobile home park investing? Contact us now to learn more about value-add initiatives and what we typically do at Keel Team to potentially maximize on this!
Disclaimer:
The information provided is for informational purposes only and should not be considered investment advice, nor a guarantee of any kind. There are no guarantees of profitability, and all investment decisions should be made based on individual research and consultation with registered financial and legal professionals. We are not registered financial or legal professionals and do not provide personalized investment recommendations.
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Andrew Keel
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