The most important step towards selling your mobile home park is an evaluation. The evaluation covers key points such as recent park improvements, comparing market rents to current lot rents and POH/RTO rents, achievable revenue improvements and expense reductions, park operating procedures, and pricing expectations.
Since 2020, Glenn and his team have provided thousands of free evaluations exceeding $4 Billion in park valuations. With Glenn, there are no high-pressure techniques or shady tactics.
It’s just a 1-on-1 conversation, no strings attached.
So what happens after that initial call?
Glenn will start crunching the numbers for your park. Starting with analyzing your profit and loss statements and the current rent roll, plus a review of all the other pertinent factors, will be taken into account during the evaluation. Of course, the more information you provide, the better. Glenn’s team will gather confidential feedback from actual buyers to gain a better understanding of how to achieve the highest value for your park. Last but definitely not least, a comprehensive review the pro forma with insight to additional potential income streams and untapped opportunities for your park.