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The mobile home park valuation standard

What is your mobile home park worth?

Get a confidential value range from manufactured-housing operators who understand how parks are actually bought, financed, and operated.

You do not have to decide whether to sell before learning what you own.

Free Confidential No listing agreement No obligation

Confidential value review

Start with the park.

Step 1 of 2

That's all we need to start.

Free · Confidential · No listing agreement · No obligation

How it works

Simple for the owner.
Serious behind the scenes.

You should not need to prepare a diligence room just to ask what your property may be worth.

01

Tell us about the park

Start with the location and approximate number of lots. About 30 seconds.

02

We review the economics

Rhino looks at the factors serious manufactured-housing buyers actually underwrite.

03

We explain the range

You get a confidential value conversation, the assumptions behind it, and your options.

Rhino MHP Value provides a preliminary opinion of value, not a licensed appraisal.

What you'll get

A value range with the assumptions attached.

A Rhino review is designed to make the owner smarter about the property—not hand over a mystery number and ask for a signature.

See the full sample

Illustrative sample · not a real property opinion

Confidential Rhino Value Review

Illustrative indicated range $2.10MM – $2.34MM

Core assumptions

Occupied sites 46 of 50
Average lot rent $425 / month
Normalized NOI $154,800
Illustrative cap-rate range 6.5%–7.25%
Known one-time capital $40,000

Illustrative math only. A real Rhino review depends on the actual property records, market, infrastructure, financing environment, and facts confirmed with the owner.

Top value drivers

Stable occupancy
Lot-rent position
Utility reimbursement opportunity

Items requiring attention

Private wastewater exposure
Road condition / future capital
POH title documentation
Sell

Compare buyer certainty and net proceeds.

Hold / improve

Quantify operational upside before deciding.

Structure

Consider seller financing or another exit path.

What actually determines value?

A park is more than a cap rate.

Rhino looks at the operating business inside the real estate. The number only makes sense when the assumptions behind it make sense.

Income

What the park is actually collecting today.

Occupancy

Current occupancy and realistic fill potential.

Utilities

City systems, wells, septic, lagoons, and bill-back.

Infrastructure

Roads, water, sewer, electrical, and deferred maintenance.

Homes

Tenant-owned vs. park-owned homes and condition.

Market

Location, rents, buyer demand, financing, and cap-rate expectations.

Capital needs

Known work a buyer may have to fund after closing.

27 Communities
~1,400 MHP pads
~$220MM Gross real estate managed / under sponsorship
~920 Apartment units

Approximate platform figures may include assets managed, sponsored, or represented through Rhino Capital / Rhino Communities and affiliated strategic partners. They are not a statement of Jason Ramshaw's personal ownership.

Selected transaction proof

Valuation informed by actual execution.

Rhino's broader experience includes acquisitions, sponsorship, operations, and diligence. These two recent closings are shown separately from broader strategic-partner platform scale.

See transaction & case notes
Selected recent closing

Green Acres MHC

Dixon, Illinois

$1.475MM Reported gross acquisition basis
Selected recent closing

Cavanaugh Mound Estates

Fort Smith, Arkansas

$725K Reported gross acquisition basis

Selected transactions involving Rhino and affiliated sponsorship. Gross acquisition basis is not current market value, assets under management, equity invested, or investor return.

The Rhino valuation method

Understand the number—and why it moves.

For owners who want to go deeper, Rhino publishes the valuation chain in plain English. No black box and no pretend precision.

01
Reported income

Start with the income the property is actually producing.

02
Normalized income
03
Operating expenses
04
Normalized NOI

The operating number buyers can underwrite.

05
Cap-rate range
06
Capital adjustments
07
Indicated value range

A range, not a magic single number.

Not ready to sell?

That's completely fine.

The value review is useful whether you sell now, hold, improve operations, refinance, explore seller financing, or plan for succession.

Get My Park Value

More than a sale decision

Sell
Hold
Improve
Refinance
Seller finance
Succession

Questions park owners ask

The simple answers first.

Is the value review really free?

Yes. There is no cost to request a preliminary value range and no obligation to sell.

Do I need financial statements to start?

No. Start with the park location, approximate number of lots, and your contact information. Rhino can ask for additional details later only if they are useful.

Do I have to list my park with Rhino?

No. Requesting a value review does not create a listing agreement and does not commit you to sell.

What if I am not ready to sell?

That is fine. Owners use the value conversation to think about selling, holding, improving operations, refinancing, seller financing, or succession.

How does Rhino determine value?

Rhino starts with current income and recurring expenses, builds normalized NOI, considers an appropriate cap-rate range, and separately reviews utilities, infrastructure, homes, market conditions, and known capital needs.

Is this a licensed appraisal?

No. Rhino MHP Value provides a preliminary opinion of value and educational valuation tools. A licensed appraisal is a separate professional service.

One property. One question.

Start with what your park may be worth.

Two quick steps. No documents. No listing agreement. No obligation to sell.

Get My Park Value