There were many criteria involved with this judge’s decision to select MHRV Advisors as the selling referee (mobile home park broker) but first and for most was the firms intimate experience and history with Mobile Home Parks For Sale not only in this area of California but throughout the states of CA, AZ & NV. MHRV Advisors is a nationally recognized Mobile home park brokers and RV park brokers.
The next most compelling quality is that MHRV Advisors is one few active sales brokers that also do mobile home park loans and RV park loans. In this particular case there is a $839,000 existing loan at somewhat favorable terms and conditions. However, at the time of marketing the number of mobile home park lenders had been greatly reduced by economic factors affecting the banking industry in general. This situation had little to do with the viability of the park or the mobile home park industry and more to do with bank failures and the credit crunch of 2009. Given this the current lender had increased the requirements to assume the park loan. As park loan brokers MHRV Advisors has a unique perspective with the change in market conditions to increase the viability of the loan assumption.
Only a specialist in Mobile Home Parks can tap into market of potential buyers and present the opportunity in a professional manner as well as navigate the loan assumption. This park is would not be considered to be a “Trailer Park” and is of average quality and considered to by a typical, stable mobile home park investment with higher returns and less management than apartments or other commercial real estate of similar size and quality.
To talk to MHRV Advisors as a park owner or investor please visit is http://www.mhrvadvisors.com or call 858.456.5110. As the leading park brokers specializing in Mobile Home Parks For Sale, Park, RV parks for sale & financing loans in California, Arizona and Nevada MHRV Advisors has personally sold or refinanced 100’s of Mobile Home Parks and RV Parks since 1993. For a complete list of active parks for sale visit: http://www.mhrvadvisors.com/
