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Mobile Home Park Question: How To Correctly Value a Fully Resident-Owned Park With Very Old Homes?

Today's topic comes from a listener who asks how to value a park that is 100% full and with all the homes owned by the tenants, BUT the homes are very old. In most cases, we want the homes to be owned by the residents themselves for multiple reasons, but what if they are all very old, dilapidated homes? Do we value the park the same? Listen to find out.

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