Does Zillow ever offer Mobile Home Parks?

I would like to know how to get Zestimates on Mobile Home Parks
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April 14 2010 - Burlington
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Answers (2)

Keeping with the previous answer that MH Parks are commercial real estate, you might be able to find some 'other' MH Parks in the area by searching LoopNet.  LoopNet is one of the most widely used commercial listing services.  If you are not a member, you can still receive limited listings on LoopNet to assist in your valuation.
Or, you might want to contact a Commercial Realtor for some assistance.  Check you local Commercial Realtor Association.
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April 19 2010
Mobile home parks are commercial real estate. And they should be valued that way. Basically, you look at the monthly expenses (taxes, maintenance, management, etc., as well as debt service) and compare that to the income. And, as with lots of commercial property, the cap rate will vary depending on location. Investors I know who buy mobile home parks look for a cap rate of at least 15%.
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April 19 2010
 
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Does Zillow ever offer Mobile Home Parks?
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