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Mobile Home Parks And Long Term Tenants

All of the above are reasons individuals, couples, and families are drawn to mobile home park living. It’s affordable, it offers a great community living experience, and a chance at ownership.

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Mobile Home Parks And Long Term Tenants

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  1. By Mobile Home Investors

  2. So why do these clients stay so long? What are the benefits for investors? How can you spur more of this trend?

  3. Long Term Tenants Investors and financial analysts are increasingly recognizing the importance and value of long term tenants. Longer term tenants are deemed to be more profitable for landlords. Lower turnover rates mean lower costs for property owners.

  4. Why Mobile Home Parks are a Magnet for Long Term Tenants

  5. Mobility It may be sad; it is true that is can be very hard to move up for many. It’s also much easier to downsize, and ultimately many will end up downsizing during their senior years.

  6. Owners vs. Renters Recent data shows that renters often stay less than one year on average, versus property owners which are more likely to stay seven years. What’s unique about mobile home park tenants is that they normally own their units, and simply rent the lot. This definitely extends the life of ‘renters’, especially since it can be so expensive to relocate units.

  7. Community Mobile home parks offer a sense of community. Some park owners and managers curate communities better than others.

  8. Locking in Affordability One of the chief concerns out there today is the ability to lock into affordable housing. Renters know that they simply can’t afford to keep paying higher rents on condos and single family homes.

  9. All of the above are reasons individuals, couples, and families are drawn to mobile home park living. It’s affordable, it offers a great community living experience, and a chance at ownership. For more information: www.mobilehomeinvestors.com

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