I am purchasing a poorly operated mobile home park, and had one main question for those of you who are more experienced in park operations. All of the numbers are good, and local zoning will allow me to add some homes to the park. The issue is that the park currently appears full, but it is solely because of the way the homes are situated on the land. I would like to redesign the layout of the park (just the homes, and not the roads), while working on some of the park’s infrastructure.
Assuming I can navigate the tenants’ objections to this, how would I go about doing this? I would hire a licensed mover, but do they do this regularly? In most cases, it is just re-orienting the homes from an East/West basis to a North/South basis.
Any advice is extremely helpful. Thanks.