EPISODE · Sep 20, 2020 · 11 MIN
The “Detached Apartment” Model
from Mobile Home Park Mastery · host Frank Rolfe
There are around 44,000 mobile home parks in the U.S., and not all of them are following the same business model. While the vast majority of park buyers and lenders are focused on the “renting land” model, there are some who engage in the “detached apartment” concept. But does that concept work? In this week’s Mobile Home Park Mastery podcast, we’re going to examine this business model and give its strengths and weaknesses, as well as moments in which it might work and settings in which it would fail. Warning: this knowledge may change your perception.
What this episode covers
There are around 44,000 mobile home parks in the U.S., and not all of them are following the same business model. While the vast majority of park buyers and lenders are focused on the “renting land” model, there are some who engage in the “detached apartment” concept. But does that concept work? In this week’s Mobile Home Park Mastery podcast, we’re going to examine this business model and give its strengths and weaknesses, as well as moments in which it might work and settings in which it would fail. Warning: this knowledge may change your perception.
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The “Detached Apartment” Model
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