Trying to get a feel for what people are seeing for all-in monthly payment for a new TRU mobile home (and more specifically in a very strong MW market to the extent possible) through CASH program. Lot rents are currently $250 for existing TOHs. I’d like to push to $300 or more lot rent on new homes, which would support a $21k “invoice amount” on the home and a $650 total payment (reps say very doable with TRU 3BRs). I know the test ad will likely provide the best market info, but I’m curious what the demand/price delta has looked like for others for new vs used homes in their parks. Seems anything less than $700 is pretty conservative so may have some more room to push lot rent.
100k+MSA, $175k median home, $750+ 2BR, $1250+ 3BR
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