Here are some common questions we ask MHP owners:

What is the current occupancy rate of the park?
What is the average length of tenancy for residents?
Are there any existing tenant leases, and what are the terms?
What are the current lot rental rates, and when was the last time they were increased?
What are the park's operating expenses, including utilities, maintenance, and management costs?
Are there any significant capital improvements or repairs needed in the near future?
What is the historical financial performance of the park, including revenue and expenses?
Are there any zoning restrictions or pending legal issues that could affect the park?
Are there any upcoming changes in local regulations that could impact the operation of the park?
What is the condition of the infrastructure, such as roads, utilities, and common areas?
Are there any existing amenities in the park, such as a clubhouse, swimming pool, or playground?
Is the park located in a desirable area with good access to amenities, transportation, and services?
Are there any potential expansion or development opportunities within the park?
How is the park currently managed, and what are the responsibilities of the on-site management, if any?
What is the park's reputation in the community, and are there any online reviews or testimonials available?
How do the park's financials compare to industry benchmarks or similar parks in the area?
Are there any existing contracts or agreements with suppliers, service providers, or vendors?
What is the park's policy on pets, subletting, and other relevant regulations?
Are there any pending or planned capital improvement projects that could impact the park's operation or value?

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Here are some common questions we ask MHP owners:

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