Mobile Home Park Valuation Calculator
Estimate park market value via the income approach.
Want a more detailed valuation that includes a comp set and exit-cap sensitivity table?
How park valuation works
The dominant valuation method for income-producing real estate is the income approach: divide trailing-12-month NOI by the prevailing market cap rate. A park producing $200,000 per year in NOI in a 7.5% cap-rate market values at approximately $2,667,000.
What cap rates are we using?
We benchmark cap rates by market tier and POH/TOH mix. Tier-1 stabilized parks cluster between 6.0% and 7.0%; tier-2 between 7.0% and 8.5%; rural between 8.0% and 10.5%. POH-heavy parks usually price 25–50 bps wider than comparable TOH-heavy parks.
What this calculator doesn't do
- It doesn't account for deferred maintenance, capex requirements, or environmental issues
- It doesn't run sales comps — a true valuation cross-checks income approach against recent transactions
- It doesn't model financing or exit-cap sensitivity
Use this for a quick-look. For a real valuation, work with a commercial broker or appraiser specializing in MHP.
This calculator is informational only and is not investment, financial, legal, tax, or appraisal advice. Estimated values are illustrative only. For an actual valuation, engage a qualified commercial appraiser or broker.