What to do with vacant land in MHP to generate additional income?
I have a MHP with 35 pads, mostly MH and some RVs, 500 feet from a lake's public dock. There is an additional vacant 1.8 acres on the property. I'm debating on what to do with the land to generate more income. Current zoning allows for storage, boat/RV parking. I can try to change the zoning to add more MH or RVs. Possibly adding more MH would increase the value even more if I can get over 50 pads? Is it worth it to work on a zoning change to add more spaces or should I go the slightly easier route and do some type of storage/parking? Or perhaps another option?
5
7 comments
Charlie Wang
5
What to do with vacant land in MHP to generate additional income?
The MHP Pros Mastermind
skool.com/mobilehomeparks
Mobile Home Park Investment for new or existing investors who want to find cash-flowing, off-market deals and manage them like a pro!
Leaderboard (30-day)
Powered by