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.