Building Mobile Home Park/Community
Building Mobile Home Park/Community
Hello,
First, thanks to all for the previous post replies. The sharing of knowledge is a wonderful gift.
Here's an idea I've been running through my head as of late. Tell me what you think...
I buy between 5 & 20 well-located growth-corridor acres in the county, or unzoned in the city, & either rehab a house already on the land or put a high-end MH on it for my primary residence. Then, after I talk the wife into it, I begin designing part of the property to accomodate either
1) A "traditional" concentrated mobile home park with single-wides that I could buy low, rehab, and place on the property for sale (income from both the lot rent & loan notes.) or:
2) Create a design reflecting a more rural, larger-lot type development that would allow me to start with perhaps a single high-end double-wide to place on my property that I could rent out or lease-option to someone. If it goes well, I could put another one next to it, and so on, until I have created a de-facto higher-end land-lease community of sorts, with perhaps 10-20 homes on it.
Although I have found some books on the internet regarding purchasing existing trailer parks, I haven't found anything regarding building one from scratch. I've heard that it's easier to buy and rehab an existing "trailer park" in the city limits then try to build a new one because of zoning, red tape, opposition, etc., but how about farther out? Plus, I want to be able to start out small and expand.
Basic questions:
If there is no city sewer service, are there septic designs that can accomodate multiple trailers/houses?
How much do the different types of roads cost to build?
How about other utilities?
What do you think? Has anyone out there done something like this, or am I smoking crack?
Thanks!
psears
Re: Building Mobile Home Park/Community
WOW, WHAT QUESTIONS, AND YOU SEEM LIKE SOMEONE I CAN TALK TO. WHERE ARE YOU LOOKING TO DO THIS PROJECT. I HAVE CONSULTED IN TRANSACTIONS LIKE THIS BEFORE. FUNDING IS A LARGE ISSUE. IF YOUR SERIOUS ABOUT THIS, EMAIL ME
DREW PIERCE
LAKESIDE HOMES
PRESIDENT
DREW PIERCE
LAKESIDE HOMES
PRESIDENT
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