Mobile homes aren’t exactly “mobile”. 95% of them never move from the spot they’re initially installed. It’s also expensive to move a mobile home. Transport costs can easily be $1,500+, and re-installation includes: blocking/ leveling/ tie downs/ concrete footers/ hooking up the utilities (power, plumbing, gas, etc). This can get over $5k fast. The reality is that it costs too much to move a mobile home, resulting in longer-term residents for mobile home park investments.
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 learn more about mobile home park investing? Reach out to us to explore the ins-and-outs of this asset class, and the strategies we use at Keel Team to potentially increase tenant retention in our mobile home park investments.
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.
Andrew Keel
https://keelteam.comAndrew is a passionate commercial real estate investor, husband, father and fitness fanatic. His specialty is in acquiring and operating manufactured housing communities. Visit AndrewKeel.com for more details on Andrew's story.