# Mobile Home Parks Broker Opinion of Value Template (Markdown)

Free Mobile Home Parks Broker Opinion of Value structure from IntellCRE (intellcre.com/models/mobile-home-parks-broker-opinion-of-value-template/). Anything in [square brackets] is a placeholder to replace with your own facts. Nothing here is real property data.

How to use: paste this into Claude, ChatGPT, Gemini or any assistant together with your deal facts, or fill it in by hand and paste it into your own document.

Skip the typing: IntellCRE builds this from your deal documents. Try it, free to start: https://app.intellcre.com/register

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## 1. Executive Summary: Price Estimate

- **Concluded value, low, high, effective date:** [ ]
- **Price per lot:** [ ]
- **In-place cap rate:** [ ]
- **Lot occupancy:** [ ]
- **Average lot rent:** [ ]
- **Park-owned homes share:** [ ]
- **Utility structure:** [ ]

## 2. Property Overview and Photos

- **Lot count and occupied lots:** [ ]
- **Park-owned versus tenant-owned homes:** [ ]
- **Water and sewer (municipal, well, septic, private system):** [ ]
- **Utility billing (master-metered / submetered):** [ ]
- **Acreage and infill potential:** [ ]
- **State or local licensing:** [ ]

## 3. Lot Rent Roll and Home Ownership

- **Lot:** [ ]
- **Home owner (park / tenant):** [ ]
- **Home status:** [ ]
- **Lot rent:** [ ]
- **Utilities billed:** [ ]
- **Lease type:** [ ]
- **Occupied:** [ ]

## 4. Sale Comps Summary and Detailed

- **Columns:** Lots, Occupancy at sale, Sale price, Price per lot, Cap rate, Utility type, Park-owned homes

## 5. Rent Comps Summary

- **Columns:** Park, Lots, Lot rent, Utilities included, Home rent (if park-owned), Occupancy

## 6. Income and Expenses

- **Current and proforma:** [source and period]

## 7. Valuation Approach and Reconciliation

- **Method:** Income approach on NOI normalized for the utility structure and park-owned homes, cross-checked with price per lot; value the land and infrastructure separately from any park-owned home inventory.
- **Weights and range:** [ ]

## 8. Market Overview

- **Housing affordability:** [Value; source and date]
- **Competing parks and their lot rents:** [Value; source and date]
- **Local regulation of lot rent:** [Value; source and date]
- **Population and employment growth:** [Value; source and date]
- **Used and new manufactured home prices:** [Value; source and date]
- **Zoning for new parks:** [Value; source and date]

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## Drafting rules

- Use only facts the user supplied. Never invent property data, tenants, statistics, comps or quotes.
- If a fact is missing, write [TBD: what is needed] in its place.
- Every market statistic needs its source and date as given by the user; otherwise mark it [TBD: source and date].
- Show arithmetic for any figure you derive and flag it as calculated.
- Write in plain, factual US English. Avoid unsupported superlatives.
- Avoid this mobile home parks mistake: mixing lot rent with home rent in one income line.
- Avoid this mobile home parks mistake: ignoring who pays utilities.
- Avoid this mobile home parks mistake: assuming infill without a cost and timing.
- Avoid this mobile home parks mistake: skipping local rent regulation.
- Apply only the adjustments and cap rates the user supplies; if none are given, ask.
- State that a BOV is not an appraisal and is not a substitute for one where an appraisal is required.
- Leave confidentiality and disclaimer text as [Insert the brokerage's counsel-approved language].