Who are the largest mobile home park owners?

Frank Rolfe has been an investor in mobile home parks for almost 30 years, and has owned and operated hundreds of mobile home parks during that time. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with around 20,000 lots spread out over 25 states.

What are the responsibilities of a mobile home park owner?

The law gives you 3 days to fix these issues after such an event, but you will have to submit written proof of the delay. It’s also the mobile home park owner’s responsibility to have a plan in place in case of an emergency. All lots must have at least enough space for two parked cars.

Can you buy another home in a mobile home park?

You can almost buy another home for the same price as moving one across the state. The home could even lose it’s HUD status and ability to qualify for a loan. As the home you are looking at is located inside a mobile home park, you won’t only be dealing with the seller.

What happens when you lease a mobile home?

Another unique facet of leasing a mobile home or mobile home space is the possibility that the park might be sold or closed, or that the owner may decide to redevelop the property as something different. What does a change like that mean for park tenants?

Frank Rolfe has been an investor in mobile home parks for almost 30 years, and has owned and operated hundreds of mobile home parks during that time. He is currently ranked, with his partner Dave Reynolds, as the 5th largest mobile home park owner in the U.S., with around 20,000 lots spread out over 25 states.

Who are the sellers of friendly village mobile home park?

“Unless you have a very willing seller who’s willing not to take top dollar for it, it’s really very, very difficult for us to figure out how to finance these deals,” Norman said. Park owner Matt Marcus and his family were willing sellers of the Friendly Village mobile home park in Redmond.

You can almost buy another home for the same price as moving one across the state. The home could even lose it’s HUD status and ability to qualify for a loan. As the home you are looking at is located inside a mobile home park, you won’t only be dealing with the seller.

Another unique facet of leasing a mobile home or mobile home space is the possibility that the park might be sold or closed, or that the owner may decide to redevelop the property as something different. What does a change like that mean for park tenants?