Has anyone bought a MH Park and converted it to an RV Park

I am currently looking a a 24 lot Mobile Home Park that is for sale with 99% occupancy. The rent is low and has not been raised in the last 17 years. there is huge potential for an RV park with a large amount of construction work in my area and out of town workers with RV’s paying top dollar for RV lots. Any advise would be greatly appreciated.

Never converted an MHP to an RV park but it sounds like you would have a nice turn key situation since it’s already full and rents are low. Why not just keep it as an MHP and raise rents from 2005 to 2022 rates? Sounds like some pretty huge upside.