Appreciation Rates MHP

Would a Mobile Home Park annually appreciate, or deprecate ? What average rates in 2009?

Comments(1)

  • rglover5484th September, 2009

    This is similar to a commecial property. Difficult to estimate appreciation or depreciation.

    If the owner does improvements and reduces the vacancy rate...then it should appreciate. Any new owner could cause depriciation.

    So in the end, u will somewhat control whether a MHP increases or decreases in value.

    Good luck

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