Posted by Dirk Roach on November 25, 1998 at 02:02:30:
From reading your post above I can only conlcude that your thinking about developing a mobile home park. I have talked to a few people who are doing that. They seem to think that it is a great opprotunity. And It could be. But I know that there are probably a whole lot of really expensive asspects to doing that. I do not know what say a sewer system for a hundred pad park would run, but I bet it isn’t real cheap. Also roads and the foundations your talking about putting in.
Anyhow like I said I know of a couple of people who are doing this.
The other school of thought on developing parks which I have heard is basically it is easier and cheaper to find existing parks with problems that you can solve. Buy them and rehab them (the park is what I refering to).
Me I’m just out looking for small Lonnie type deals. I haven’t personelly been involved in anything like what you are talking about. I don’t know who is right on their opinions on this subject either.
I do know (after talking to a few MH Movers here in San Diego) that your looking at at least 2k to 3.5k for moving a MH! Of course in your market those numbers could change.
my 2 cents,