The Ultimate Mobile Home Park Underwriting Model

Quickly and Accuratley Analyze Your Mobile Home Park Deals
Stop Spending Hours Analyzing Your MHP Deals
Underwrite Deals and Make Offers in No Time
Quickly and Accuratley Analyze Your Mobile Home Park Deals
Stop Spending Hours Analyzing Your MHP Deals
Underwrite Deals and Make Offers in No Time
Nolan Freeland. Investor, Mobile Home park Operator, and Real Estate Syndicator
Nolan purchased his first mobile home park at the age of 19, utilizing creative financing. Nolan has since gone on to complete over 100 real estate transactions. All closed with private funds. Nolan also self-manages over 12 multifamily investment properties. In 2017, Nolan Co-founded “Asheville Real Estate News,” a local podcast and real estate resource for the residents of Western North Carolina, which focuses on affordable housing, quarterly market updates, as well as general and local real estate topics. Asheville Real Estate News has featured guests such as Charles Dobens “The Multifamily Attorney,” John Hyre Renowned Real Estate Tax Attorney, and even Asheville’s very own Mayor Esther Manheimer.
Nolan manages day-to-day operations through our vertically integrated property management and asset management companies. With excellent skills at underwriting and property management, Nolan designed and created “The Ultimate MHP & SS Financial Model” which is used by mobile home park investors nationwide.
I never set out to create my own underwriting model. This is ultimately the result of spending countless hours attempting to analyze deals with botched, doctored, and “Frankenstein’d” excel sheets adapted to work for mobile home parks. There was no great option available. Your typical multifamily apartment financial model is not setup to account for vacant lot infill, Rent-To-Own Homes or RV Pads. This made it extremely challenging to put confidence behind my offers and trust my assumptions and projections. This is when I decide to bite the bullet and create my own model for the sole purpose of evaluating mobile home park, RV and Self-Storage assets.
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