Question 1
How much is my mobile home park worth in Tennessee?
A Tennessee park's value cannot be determined by lot count alone. Buyers normally consider actual income, collections, expenses, occupancy, rents, park-owned homes, utilities, infrastructure, terrain, flood exposure, legal use and local housing demand.
A vacant lot should not be treated as immediate income unless it can legally and physically be occupied and has usable utilities, access, permits and market demand.
You do not need a formal appraisal or perfectly organized financial statements before starting.
- Total lots and occupied lots
- Current lot rent and actual collections
- Park-owned and tenant-owned homes
- Water and wastewater responsibility
- Private roads, terrain and drainage
- Deferred maintenance and vacant lots
- Zoning and lawful use
- Expansion potential and local demand

