There are approximately 45,000 mobile home parks across the nation, while only a handful of real estate management companies specialize in mobile home park management. Most mobile home parks have traditionally been owned and operated by “mom & pop” operators or investors who own one or more parks, while a small percentage are owned by institutions. The popularity of mobile home parks and the availability of financing have recently drawn a substantial number of brokers, investors, and institutions into the s
The majority of mobile home parks are the older existing, small, and medium-sized mobile home parks historically owned by operators without the adequate resources or knowledge to manage their parks and residents effectively. We believe the market will remain fragmented for the following reasons.
Although the mobile home park market is significantly fragmented and has difficult challenges, these obstacles represent opportunities when equipped with ParkNation’s tools and resources. Our mobile home park management program is designed specifically for small and medium-sized mobile home parks with offsite managers, extensive knowledge, experience, and the rigorous implementation of the processes within this procedure’s manual, which is the key to capitalizing on these opportunities.