Infill Project Questions · The MHP Pros Mastermind

Infill Project Questions

Hey all, my day job is as an appraiser and I work on a lot of MHC's. Many lenders that I work with have a limited understanding of MHCs and I want to make sure we aren't missing anything on our end when we work on infill/turnaround projects. I am hoping our group can help to answer some questions:

Have you ever had a tenant bring their own used home into one of your developments?
Aside from LTO and lease-option, what other methods do you use to attract new TOH tenants?

The disconnect on the lender front is that they most often want the value of the real property only (excluding POH). For an infill/turnaround project there is a lot of intangible business value (operator's expertise) and personal property value (POH's that are brought in) involved and our stabilization assumptions could be anything depending on the plan and how deep the operator's pockets are. Interested to hear what your experience is.

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