From an investment point of view, owning a Mobile Home Park is one of the most appealing aspects to investors. It is one of the most profitable niches in the real estate sale investment. It is seen that most of the real state investors are stepping all over each other trying to buy and sell single-family stick built houses and properties sale. But at the same time there is a small group of investors that are quietly making excellent profits with little risk in the mobile home and mobile home park business.
Many experienced commercial real estate investors are turning to mobile home parks for strong returns on their investment. Due to its high CAP rates and stability with lower sale prices. They have opened the door for many investors. Great opportunities are available for Colorado Mobile Home Parks for sale which includes park amenities like spacious clubhouse and laundry facility.
California is one of the original destinations for mobile homes. Choosing California Mobile Home Parks for sale as investment can increase the value of a rental property for various reasons:
• It is a land play with incredible cash flow
• It requires a minimum of maintenance and management
• There is a significant barrier to entry
• Provides an opportunity for creating additional profit centers.
Mobile Home Parks are believed to be the “step-children” of the real estate investing community. The reason why most investors ignore this lucrative asset class is because according to them it requires too much up front cash and a personal income statement and this is true only if you are trying to finance your property from a large bank. On the contrary many area parks are purchased with much less than 20% down and with little financial reserves in the bank.
Mobile Home Parks for sale in Texas is a world away from the cares of city life. It’s a beautiful thing to invest in Mobile Home Parks. Being a long term play, there are various ways to make money through many “profit centers“ in your park. The parks are usually in less than favorable parts of town as a result the land is cheap. This will help you to spread the cost over numerous mobile parks. You can purchase mobile homes at a 40%-50% discount and resell them on terms (either with a lease option or note). Moreover even a smaller park can produce a healthy return without a great deal of capital.
Minimum maintenance and management also makes this an appealing investment. Little maintenance is required by leasing the land to residents. All you have to do is to ensure that the infrastructure is in a good condition and the utilities are working properly. Once the Mobile Home Parks are stabilized, you can hire a care-taker to collect the rent and enforce the park’s rules.
Now it might be possible for you to see how Mobile Home Parks for sale by owners are an amazing real estate investment. No where you can get an income property with so many profit centers (with the exception of self storage). Mobile home parks for sale are huge cash cows and ultimately will become a land play. So before it is discovered by the masses, you must take advantage of the untapped opportunity that exists today in the mobile home park industry.