I own a 31 pad park that I love. It has been profitable since day one.
While the park is old (built in the 50s) it is in great working condition.
All of the homes are either pre hud or built shorty after. I dont think I have a home past 1980. And due to the lot sizes it really would be tough to fit in any new models.
My question is this:
How much longer can these old homes really last?
Heck, Im surprised the’yre still in good condition 50-60 years later.
I would like to keep this park for a long time but am wondering if it would be wiser to sell in the near future bc of the age of all the homes.