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The MHP Pros Mastermind

238 members • Free

Mobile Home Park Mastermind

920 members • Free

3 contributions to The MHP Pros Mastermind
1031 investment
We are going under contract soon on a MHP to sell. If the sale goes through we will be looking to 1031 into a 1.3mm-3mm purchase price park. Please let me know if you have anything. OH/KY/TN/WV Preferred, but open to the SE and anything east of Indiana. Thanks.
1 like • 11d
sure, open to looking at it
Thoughts on this MHP value?
2.8mm asking, 70 occupied, 124 pads, needs road and tree work, poor collections, rougher element, decent market and only 15 minutes from 2 parks we own, poor records from the seller, all TOH, $250 lot rent (we charge $400 and 425 at our parks nearby), WWTP, and city sewer (1 bill to the owner, he pays it), trash bill included in property taxes. Definitely a big lift, but rent raise, and infill opportunity...thoughts on an offer value anyone? I have my thoughts but would love some unbiased opinions. Thanks.
Direct to Seller Deals
I have a couple of deals, and I wanted see if anyone has a buy box that fits the following, as they don't quite fit what we are looking for currently for us to run point on the deal: 1. 37/42 occupied, in 350k metro, in flood plain, $200 lot rent, , city w/s, all TOH, in KY/OH/WV corner. 2. NE OH/PA border area, 500K metro, WWTP/Well, $220 lot rent, 40 pads, 30 homes, 25 occupied. 5 POH vacant. 3. Southern KY, 30 pads, 20 occupied paying, $385 lot, all TOH, city w/s, must be a Master Lease with Option (we've done 10+mm of purchases with MLO's, happy to give advice, they can work well), room to raise $100 on monthly rents. I know pricing is important, and I haven't listed it, but I'm still getting more info from the sellers. If these fit your buy box and you have interest in learning more, shoot me a DM or email me at mnoland@treesidecapital.com, thank you.
2 likes • Feb 5
or perhaps slightly less, when you factor in a distressed park or the buyers lack of tax benefits
1 like • Feb 6
thanks brother! glad to be here
1-3 of 3
Miles Noland
3
40points to level up
@miles-noland-9622
treesidecapital.com - Owned/operated 1400 pads

Active 9d ago
Joined Feb 3, 2026
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