I’ve read many articles on valuating POH income and just wanted to get a gauge on today’s market where there seems to be even more attention flooding the MHP space. Are lenders still placing no value on POH income?
I’m looking at a park where about 50% of the homes are TOH and 20% are RTO. It’s more than 90% occupied. We’re looking to put anywhere between 50-65% down. In our valuation, should we still place no value on the POH income?