📱 Best Platforms
DiversyFund, CrowdStreet
📖 The Hustle
Mobile home parks are the highest-yielding real estate asset class because the land value grows while tenants own their own homes, meaning you have zero maintenance on the dwelling units. Syndicators buy aging parks, clean them up, fill empty lots, and raise below-market lot rents to market levels. DiversyFund and CrowdStreet occasionally offer mobile home park deals with 7-9% cash-on-cash yields plus appreciation. The resident turnover is incredibly low because moving a mobile home costs $5,000+.
🚀 First Step
Search CrowdStreet for manufactured housing or mobile home community deals, review one offering, and attend the sponsor's webinar Q&A.
🔑 Keys to Success
- Mobile home park residents rarely leave (moving a home is expensive), creating some of the most stable cash flows in real estate
- Look for parks on city water/sewer — septic systems add complexity and capital expenditure risk
- Verify that lot rents in the business plan are still below market after proposed increases to avoid affordability pushback
🛠 Tools & Resources: CrowdStreet, DiversyFund, MHU (Mobile Home University), Datacomp, MHP Broker