One of the best ways to illustrate how the mobile home park business model works is to examine the different parts of a park turn-around and show you the actual amounts of profit each action results in. And while we review the market and the park’s particulars, we show you an HD video of what the park looks like, so you know that we are not talking about 5-star retirement communities here.
Of the 44,000 mobile home parks in the U.S. by far the majority look just like this property and cater to all-age residents who are searching for an affordable detached dwelling. Making significant money with a community like this one is a win/win as the residents get much more value for their dollar and the park owner reaps the windfall of bringing an old “trailer park” back to life. It’s a simple business model and one that makes sense in a country in which demand for affordable housing is off the charts and still growing.