Why CapEx Is Critical for Mobile Home Park Investments | Episode 73

Welcome back to The MHP Show! In this episode, host Derek Vickers talks about the role of CapEx (capital expenditures) in the mobile home park investment game. CapEx is more than just a budget line; it’s the backbone of adding value and reducing expenses in your investment. Derek explains the difference between CapEx and regular maintenance, shares real-life examples of the impact of strategic improvements, and discusses why planning for CapEx can make or break your deal.

If you're a passive investor or active operator, tune in to learn how Victory Capital approaches CapEx to maximize value, reduce operational headaches, and ultimately increase net operating income (NOI). Plus, get tips on evaluating an operator’s CapEx budget before jumping into a deal.


Episode Highlights:

• Overview of CapEx in Mobile Home Park Investing
• The difference between CapEx projects and regular maintenance
• Why CapEx planning is essential for long-term success
• Real-world examples of CapEx improvements, like paving roads and upgrading infrastructure
• How CapEx raises property value and affects appraisals
• The importance of selecting experienced operators with solid CapEx budgets
• How CapEx projects improve tenant satisfaction and create community pride

For more tips and ideas, stay updated on future episodes!

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Have questions about MHP? Email me at derek@vicktorycapital.com