How Mobile Property Parks Are The Top Technique For Affordable Housing In Commercial Real Estate

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In our new, depressed economy, the only form of housing demand that is consistently growing is housing for poorer people - called "affordable housing".

One of the great benefits ofmobile home parks over apartments is that the owner is only responsible for the land under the mobile home, whereas apartment owners have to contend with the buildings.

Affordable housing customers are notoriously rough on their dwellings. When the phone rings at amobile home park, the repair approach is much simpler.

Whymobile home parks have higher returns

Mobile home parks have higher investment returns than apartments for two main reasons.

The old moms and pops who own most mobile home parks are very poor at managing their properties.

Mostmobile home park sellers are happy to carry the paper.