RHP Properties Acquires 7 MN Mobile Home Parks!

RHP Properties buys seven Minnesota mobile home parks for $25M

bizjournals bizjournals | 1 year ago

The deal includes sites for 575 mobile homes, though in most cases not the homes themselves.

Metro mobile home parks acquired for nearly $17M

bizjournals bizjournals | 1 year ago

Four mobile home parks were sold to a Colorado buyer.

Michigan firm buys 41 Wisconsin mobile home parks, including one in Oak Creek

bizjournals bizjournals | 1 year ago

A private company near Detroit that owns thousands of mobile home sites across the country has acquired 41 properties in Wisconsin, the firm said Monday. They were part of a 50-property portfolio that also included mobile home parks in Michigan and Minnesota.

RCRE - Cracking Mobile Home Parks with Ekatarina Stepanova

jakeandgino jakeandgino | 3 years ago

Will Coleman and Mike Taravella interview Ekatarina Stepanova of M2K Partners. Key Information: Mobile home parks are divided into lots which have homes owned by either the park or the tenants. Mobile homes are considered personal property and not real estate. When underwriting mobile home parks, only underwrite the lots and do not include the homes. Banks typically do not lend on homes in parks because of their rapid depreciation. Look to optimize the infrastructure in the park: septic ta...

Why Are Institutional Investors Flocking to Mobile Home Parks?

biggerpockets biggerpockets | 2 years ago

The data is in about why institutional investors have been purchasing mobile home parks. And it’s quite surprising. Sam Zell, one of America’s most successful real estate investors, was right. […]

The Benefits of Investing in Mobile Home Parks w/Kevin Bupp

mcdanielrealestatesystems mcdanielrealestatesy... | 4 years ago

Mobile home parks are one of the most untapped investing asset classes that we could be taking advantage of. What benefits does it offer and how do they match up against the more traditional investing markets? How did our guest build a lead generation system from scratch for mobile home investing? On this episode, we’re joined by real estate investor, entrepreneur and podcaster, Kevin Bupp, who shares on creating passive income through mobile home parks, and relationship networking and lead ge...

Ep. 28: Making Massive Money in Mobile Home Parks with Kevin Bupp

casmoncapital casmoncapital | 6 years ago

Would you like residents who stay for 10+ years, handle their own repairs and find new renters when they do leave? Consider investing in mobile home parks. Kevin Bupp has spent the last 5 years investing in mobile home park communities and explains that this misunderstood niche is more about affordability than quality. Kevin is the host of two top real estate podcasts, Real Estate Investing for Cash Flow and Mobile Home Park Academy. Today, he talks about housing affordability and massive return...

How to Invest in Mobile Home Parks with Todd Sulzinger, Episode 256

casmoncapital casmoncapital | 3 years ago

Mobile home park syndication presents opportunities for real estate investors. Similar to apartment syndications, the process for investors is the same. However, unlike apartments, the due diligence process and value-add opportunities vary greatly. Todd Sulzinger is the founder of Blue Elm Investments, a real estate syndication firm focusing on adding value to distressed mobile home parks across the country. Prior to Blue Elm, Todd spent over 25 years as a finance executive for several Si...

Four southeast Wisconsin mobile home parks sold for $34M in larger portfolio deal: Map

bizjournals bizjournals | 1 year ago

A private firm near Detroit paid a combined $34 million for four mobile home parks with a total of 375 units in southeastern Wisconsin, state records show.