What park sizes do you underwrite?

From small owner-operated communities to multi-hundred-lot parks and portfolios.

How do you handle private utilities?

Private water, septic, or lagoon systems are underwritten as capital risk with a replacement reserve against basis.

Is infill upside counted in the purchase decision?

It is shown separately. We recommend buying on in-place income and treating infill as the return you earn, not the price you pay.

Mobile home park investing

Mobile Home Park Analyzer for Lot-Rent Communities

The best mobile home park deals are land-lease businesses: you own the dirt and the infrastructure, and the residents own the homes. How close a park sits to that model decides most of the return.

Analyze your first three deals free Talk to an analyst

Free account required. Three complimentary analyses, then membership for continued access.

What paid memberships unlock

Complimentary analyses include a verdict, plain-language why, key numbers, top three risks, basic next step, offer guidance when possible, and a one-page summary. The advanced features below require Investor Plus or Investor Pro, as applicable.

Lot rent economics

Occupied lots against total lots, with market lot rent compared to in-place rent and the gap valued.

Infill upside

What filling vacant lots does to net operating income and asset value, net of the cost of moving homes in.

Utility structure

City, private, or master-metered utilities priced by who pays — the single largest expense variable in park deals.

Park-owned home exposure

Home rentals separated from lot rent so you can see how much income is really property management, not land lease.

Lot rent versus home rent

Income from renting park-owned homes carries repair, turnover, and depreciation costs that lot rent does not. Lenders and buyers discount it accordingly, so the analyzer values the two streams separately instead of blending them into one cap rate.

Utility structure comes next. A master-metered park with the owner paying water and sewer absorbs every leak and every long shower. Submetering is often the highest-return capital project available, and its effect is modeled directly against value.

Metrics returned

Occupied lots and lot occupancy
In-place vs. market lot rent
Infill cost per lot
Utility expense ratio
Park-owned home income share
Stabilized value at market rent

Questions

What park sizes do you underwrite?: From small owner-operated communities to multi-hundred-lot parks and portfolios.
How do you handle private utilities?: Private water, septic, or lagoon systems are underwritten as capital risk with a replacement reserve against basis.
Is infill upside counted in the purchase decision?: It is shown separately. We recommend buying on in-place income and treating infill as the return you earn, not the price you pay.