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KTfl1 t1_is58dqn wrote

The problem with mobile home parks is the archaic rules that allow you to purchase the improvement but rent the land. Therefore the only buyer would be a, the mobile home park, or b a person who wanted to live there. Without a transactional structure(real estate agents and lenders)like houses, the mobile home, ie the non movable vehicle, has minimal resale value.

Given today's housing shortage, I often thought about developing a tract of land for mobile homes, where the residents owned the land. Without lot rent, the property, would have better resale value, and still be more affordable than a normal home.

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hunt4245 OP t1_is5chft wrote

Since there isn't rent, would you just be profiting from the one-time sale of the parcels? Or I guess you would still be charging for general upkeep/utilities possibly?

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KTfl1 t1_is5jmvh wrote

Profits from: one time sale of parcels. I envision a large development with mostly mobile home parcels, a small amount of commercial space, possibly rental spots for food trucks. I would also include a small amount of rental tiny homes as a stepping stone into the community.

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