Ever wonder what it costs to build a mobile home park? This is the guide that covers everything you will want to know about building a mobile home park.
Cost to build mobile home park
A mobile home park is a small area of land where people can purchase a plot and build their own mobile home. The cost to build a mobile home park depends on the size of the plot, but it will also vary depending on what you want to put inside it.
The average cost to build a mobile home park is $1,000 per lot. The cost will vary depending on the size of the park, but this is a good starting point.
For example, if you have 100 lots in your mobile home park and you want to build them all at once, your total cost would be $100,000.
If you plan on building just one lot at a time over time, the cost will be much higher. If you purchased one lot for $20,000 and built it yourself, it would take about 4 years to recoup your investment. That’s not counting any additional expenses such as building permits or utility hookups.
Average Cost to Build a Mobile Home Park
To build a basic mobile home park, without any amenities such as pools or playgrounds, you should expect to pay between $150 and $200 per foot for land. With utilities included, this would cost around $100 per foot. This includes everything from the infrastructure needed for water and sewer service to driveways and sidewalks. The average cost for building roads for one lot is about $10,000-$12,000 depending on how many lots are included in your project. You should also factor in costs for parking spaces; these can run from $2,900-$5,000 each depending on their location within your development.
There are many factors that go into a mobile home park’s cost. The most important is the site you choose for your park. If you want to buy land, you can expect to pay $1,500 per acre or more. If you already own land, the cost of your mobile home park will depend on its location and size.
Mobile homes themselves can vary greatly in price depending on the quality of materials used and whether they are new or used. New mobile homes typically cost $30,000-$60,000 while used ones cost $10,000-$20,000.