It’s amazing how much value there is in just billing back water/ sewer usage in Mobile Home Park Investments!
$51,478 at a 95% recapture rate = $48,904 added to the NOI at an 8 Cap Valuation is $611,301 in asset value!
Spend $15k to add submeters under each home and get over $600k in Value Add!
I love Mobile Home Park Investing math!
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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.