Mobile home parks are often overlooked by new commercial real estate investors. However, many of the most successful CRE investors feature parks in their real estate portfolios. What makes these assets such an appealing choice for the seasoned investor?
There are several benefits to investing in a mobile home park. Surging house prices have seen the demand for alternative housing options, including RV homes, rise in recent years.
A mobile home park is also a smart commercial real estate investment, as fewer new parks are in development, meaning there is less competition and you are likely to see a higher ROI. In addition, this type of asset often requires minimal maintenance – making them one of the less demanding CRE assets to choose from.
Mobile Home Parks for Sale Listings
Online listings platforms are one of the most efficient ways to find a promising mobile home park for sale. Below, we share our recommendations for where to begin your search.
Top listings platforms for finding trailer parks for sale:
- LoopNet →
- CREXi →
- BizQuest →
- RVproperty.com →
- MobileHomeParkStore.com →
- MobileHomeParksForSale.com →
- Park Brokerage Inc →
- Campgroundsforsale.com →
- Fortune Real Estate →
LoopNet is seen by many investors as the crowning glory of the online property listings platforms. LoopNet is a popular choice of listings website, thanks to its exhaustive list of available commercial real estate investments currently on the market. The site racks up an impressive total of around 500,000 listings.
On the site, you can search for mobile home and RV parks for sale in any state across the U.S.
CREXi is another all-encompassing commercial property for sale listings website.
You can search for more than a dozen different commercial property types, one of which is mobile home parks. To find a mobile home park for sale on CREXi, simply check the associated box in the “Select Types” dropdown.
BizQuest is a website that allows you to search through business for sale listings across the entire U.S.
On the site, however, BizQuest also has commercial real estate listings, and claims to have, “the best inventory when it comes to mobile home parks for sale!”
To search for mobile home parks for sale on BizQuest, you first need to search for real estate for sale, then during your search, add a keyword for “mobile home parks.”
RVproperty.com catalogs a wide range of RV parks for sale across the US. The site offers a color-coded map of the states that currently have an RV park for sale, helping you to quickly find a park in your desired location.
MobileHomeParkStore.com presently has over 40,000 RV parks for sale on their website.
The popular mobile home park marketplace covers every US state, all of which are easy to search on the site’s home page. The website also offers several helpful articles on how to best invest in this potentially lucrative asset.
MobileHomeParksForSale.com boasts around 90 mobile home parks for sale on their website. While only offering a small number of available spaces, the team behind the site help oversee the operations of almost every park they sell.
You can easily get in touch with their team, both over the phone and directly via email. This site is a great choice if you are new to the world of mobile home park investing and are looking for some guidance along the way.
Park Brokerage Inc. lists approximately 6,500 RV parks and manufactured housing communities on their website. They cover parks for sale in California, Arizona, and Nevada.
The website is run by licensed real estate broker John Grant, who has been in business since 1981. Grant is experienced in running RV parks and can help provide guidance and advice on day to day maintenance and potential pitfalls.
Camproundsforsale.com offers a number of mobile home parks for sale, providing a detailed description of each of the park’s main assets and benefits.
Beyond their listings, the company also provide a number of different guides to help make the investment process easier. The website is hosted by Darrell Hess & Associates, a consulting and brokerage firm with over 35 years’ experience in the RV market.
Fortune Real Estate specialize in sourcing and selling promising manufactured home communities and trailer parks for sale in Florida. Fortune Real Estate work with both buyers and sellers, helping them to find the best match for them.
As the company notes on their site, Florida is a wise choice for investors looking to purchase an RV park. They highlight the low tax, wealthy residents, and high income stability on offer in the area.
Find Mobile Home Parks Off-Market
Property listings platforms are a great place to go when looking for mobile home parks for sale. In addition, you can expand your search even further by searching for properties off-market.
With property listings websites, your search is severely limited only to the number of properties currently on the market. Off-market searches allow you to browse the entire real estate market for your next RV park investment. Off-market deals not only allow you to often find better deals at better prices, but they can also help you get a stronger sense of the market and how fairly mobile home parks for sale are being priced.
The Benefits of an Off-Market Property Search
There are several benefits to searching for off-market properties. Off-market property searches allow you to avoid hefty broker fees, and can help you find a number of eligible trailer parks for sale that are hidden from your competition. In addition, searching off-market allows you to deepen your property search, giving you a view of the entire property market, letting you extend your research well-beyond what is currently being listed.
When it comes to finding mobile home parks for sale online, combining your property listings search with off-market data, or using off-market data entirely on its own, can help you ensure that you are maximizing your chances of finding the best possible deal available.