How many mobile homes per acre? Is having a community pool a good idea? How do I get new occupants into my vacant lots? These and other questions are at the forefront of today’s article.
You’re probably here because you’re looking to invest in a mobile home park. We won’t lie – it’s not going to be easy, but it also doesn’t have to be overly complicated with the right knowledge in tow.
We have answers to the above questions and more. Because you’re hungry for information, you’re on the right track towards a successful endeavor. So let’s move forward.
How many mobile homes per acre?
So what is the standard on how many mobile homes per acre? Is there a set standard?
Typically, the number of mobile home units per acre varies across different localities. On average, the numbers are 5 to 9 units per acre. The number of mobile home units to make a neighborhood is determined by the local municipality.
There is no cut and dry answer as to how many mobile homes per acre. However, we hope our answer gave you a clearer idea of a ballpark estimate on what to expect. The best thing you can do is reach out to your local city government and talk to city planning.
Is it a good idea to have a pool in my park?
Here’s the scoop on having a pool in your mobile home park. We can only give you the realities involved – the pros and cons. It’s an investment, and it’s up to you to decide if this investment fits with your vision for your mobile home park.
The pros of a pool
First, a community pool encourages more physical activity among park residents. This is good for the health of your residents, both physically and mentally as swimming also cuts back on stress.
Second, it opens the door for residents to connect with one another. This is good for cultivating a bond among neighbors.
Third, a swimming pool is appealing to those who are looking to move into your mobile home park. This is a win for you and your residents.
Overall, a swimming pool can cultivate a happy, healthy, and growing community.
The cons of a pool
On the other side of the coin, we have the cons of a community swimming pool.
First, having a pool comes with a cost. Because of the hazards that come with a swimming pool, the cost of liability insurance is real. This is why some investors chose to close down the community pool and seal it with concrete.
Second, you’ll need to take care of maintenance; otherwise, a pool could quickly become a hazard to the entire community.
So with that said, it’s really up to you. It may be worth the effort, you’ll have to weigh the pros and cons in light of your situation and vision.
Are park owned homes my responsibility to maintain?
If you own the park, then yes. Park owned homes are your responsibility. It’s your job to fix any issues that may arise with home repairs. In the lease agreement, you need to ensure that the rules are laid out for how to deal with a resident’s request for repairs, and what to do if they damage the property.
It’s your job to maintain the mobile home park and the homes that belong to it.
How do I decide on what should be a park regulation?
This is all contingent on what type of park you’re looking to create. For example, are you looking to build a park for seniors? Then you may need rules on what ages are allowed to be residents of the park. And if extended family is visiting your senior residents, stipulations should be in place for how long a visit should be. Some senior parks allow 1 to 2-week visits.
I have a problem resident. Can I evict them?
When it comes to evictions, there is a process involved. This protects residents from being booted from their home at the park’s whim. First, warnings must be sent out and copies of these warnings must be in your care. You need a paper trail of evidence showing that eviction is a last resort.
In your lease agreement, the steps and legitimate reasons for eviction should be laid out. Contact your local government to be sure what is required for a legitimate eviction to take place.
How do I increase my park occupancy?
There’s always someone out there who is looking for a place to sink his or her roots. To reach these people, place ads in the newspaper and online classifieds. If you have mobile homes for sale with lot rental, you can also advertise on real estate sites.
In the listing, lay out the details that really make your place stand out from the rest.
Answers to help you move forward
Now you have an idea on how many mobile homes per acre work and the answer to other frequently asked questions.
We wish you the very best in your mobile home investing journey.