Mobile Home Park Desktop
Check out the only YOUTUBE VIDEO SERIES designed to walk you through the process of investing in mobile home parks!
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Mobile Home Park Cap Rate vs Interest Rate Analyzer
Find the cap rate you need to pay to make the deal work for you
Instantly see how loan terms will affect your Year 1 Cash on Cash Returns
See what type of NOI Growth you will need to achieve a 100% Cash Out Refinance
Analyze how principal paydown on your loan affects your overall returns
See the Sheet in Action by Clicking on the Video Below
About Mobile Home Parks
“From the March 2009 stock-market bottom, shares of big mobile home park owners Sun Communities (SUI) and Equity LifeStyle Properties (ELS) have returned tech-like 4,127% and 1,186% 🚀, respectively, counting price changes and dividend payments. The S&P 500’s return has been 499%” -WSJ, Feb 26,2020
A LITTLE BIT ABOUT MOBILE HOME PARK INVESTING
In 2019 sales of mobile home parks increased by 20% as more investors, private equity groups, family offices, multifamily investors focused on apartments 🏢, and single family home 🏘 investors look to invest in affordable housing.
Why have mobile home parks aka trailer parks, land leased communities, manufactured housing communities or simply mhps garnered so much attention from investors?
👉 Mobile home parks provide the only unsubsidized form of affordable housing for millions of Americans. However, despite this great need, zoning and regulations make them near impossible to develop. Increasing demand and decreasing supply are why billionaire investors such as Sam Zell and Warren Buffett have made huge bets on the industry.
RECESSIONS, COVID 19, & MOBILE HOME PARKS
A look back shows that both Sun Communities and ELS Communities showed same store NOI growth from 2000-2020, even during the 2007-2009. By contrast the rest of the REITs show negative growth during downturns.
As of April / May 2020, Sun Communities, ELS, and UMH, the three largest publicly traded REITs that own mobile home parks, all show strong year over year collections rates. Regarding rent deferral requests from residents, Sun reported less than 3% across it’s 136,000 occupied homesites, ELS 0.35% across its 150,000 occupied homesites, while UMH reported only 80 out of 19,000 residents asked for deferrals.
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