Friends: We just finished compiling this data today. If you own, want to sell, buy, or finance an RV or Mobile Home park, this is a high occupancy and growing industry, due to the Corona Virus.
Luxurious with amenities, the phrase ''Trailer Trash" has converted to
"Free and inexpensive life style"
With little or no "Corona Virus" or "Real estate taxes"
THIS IS ONE OF THE EXCELLENT TARGET GROWTH FIELDS, IF YOU MARKET AND MANAGE THE PROPERTIES CORRECTLY.
Watch out for investing in high risk cyclical areas such as areas of BOOM BUST cycles (oil and gas areas, mineral mining, areas subject to large swings due to political or military influences).
But overall the RV and MH parks are showing to be one of the leading investments, both for short term and long term profits. Thousands of people have purchased livable RV's or Mobile Homes and have sold or vacated their brick and mortar homes.
It has been a huge trend since the Corona Virus and many people set up mobile internet systems so that they can have a virtual office, and still do their work or run their companies.
With this data, many of you who have considered buying, developing, or investing in RV and MH parks, will have the most updated data available, when we do your appraisals, feasibility studies, or market studies. We do not sell the raw data, but we include it in our Appraisals and we can provide an Appraisal, Feasibility Study, or Economic Trends report for you, if you wish to buy, sell, finance, or just get an appraisal on your asset.
Overall price range of confirmed recent sales on these properties: $14,000 to $75,000 per unit (that is the lot with utility hook ups). Values for your specific property will be adjusted with size, location, business volume, age, quality of franchise and other factors.
We recently appraised an RV park and lots there were selling for $50,000. Others higher and lower, depending on location, quality, amenities and management.
There is some reason to consider economic signals that suggest:
A POSSIBLE UPTURN IN THE ECONOMY OF 2021-2022. This may help you with your investment decisions. Some large money investors in New York, Chicago, Miami, Texas and California are putting their toes back into the market of investment opportunities. An appraisal now, (with this data on hand,) we can often complete in 7 business days, in most cases, if you have a good packet of basic property
data, plat, legal, that you can provide.
Check us out: www.benboothe.com PS. We also do Environmental Studies, Phase 1,2,3, and Corona Bldg Sterilization Feel free to call me direct 817 793 1484 or email at: firstname.lastname@example.org