Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Purchasing a Mobile Home Park

3 Sept 2026 · 0 min

Watch on YouTube

0:29

In this brief segment, Christian Osgood outlines the most critical factor when buying a mobile home park: the ownership structure of the units. He explains that parks where the owner holds the homes (park‑owned) are generally undesirable because they entail costly repairs and lower business value. He advocates for acquiring parks with tenant‑owned homes, ideally using seller‑financing to transfer titles to the tenants, which maximizes cash flow while keeping the owner free of building maintenance. Finally, he emphasizes that owning only the land and renting lots—without owning any structures—is the optimal model, offering higher valuation and minimal upkeep.

I am looking to purchase a mobile home park. Okay, mobile home park. Most important thing by far, understand, are they park-owned? Are they tenant-owned? It's worth way more money when you don't have to deal with the repairs and maintenance, that the business itself is worth more. Park-owned is generally negative. Anything you can do to seller finance those to your tenants, make a bunch of money, get the title in their name. That is the— that is mission number one. You can still own them and you can still make money. It's just, it's less cool than owning no buildings and only renting land to your tenants is just awesome.