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Illinois Land Info

Mobile home parks—aka, trailer parks—are prey to many well-entrenched cultural stereotypes that have been reinforced over the decades through TV shows, movies and other references from popular culture. However, the reality of investing in land for mobile home parks and these stereotypes is, as with many things, vastly different. In fact, as if to highlight the upside of investment in this particular land type, Warren Buffet is one of the largest investors in mobile home technology and manufacturing, while real-estate mogul Sam Zell’s Equity Lifestyle Properties is the largest owner of mobile home parks in the U.S. Much like rental communities, the owners of mobile home parks should seek to provide a suitable, pleasurable and safe place to live while receiving a return on investment through rents from owners who pay to “park” their homes on the land.

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