# Mobile Home Parks Offering Memorandum Template (Markdown)

Free Mobile Home Parks Offering Memorandum structure from IntellCRE (intellcre.com/models/mobile-home-parks-offering-memorandum-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. Intro

- **Cover Page:** [Property name]; [Address]
- **Presented By:** [Brokerage]; [counsel-approved disclaimer]

## 2. Executive Summary

- **Price estimate:** [$]
- **Price per lot:** [ ]
- **In-place cap rate:** [ ]
- **Lot occupancy:** [ ]
- **Average lot rent:** [ ]
- **Park-owned homes share:** [ ]
- **Utility structure:** [ ]
- **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. The Asset

- **Property Overview:** [Description]
- **Photos and Area:** [Captions; area description]
- **Points of Interest:** [List with distances]

## 4. Lot Rent Roll and Home Ownership

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

## 5. Utilities, Infrastructure and Infill

- **Item:** [ ]
- **Current state:** [ ]
- **Cost to improve:** [ ]
- **Notes:** [ ]

## 6. Financials

- **Income and Expenses / Development Budget:** [Current and proforma; source and period]
- **Assumptions:** Lot rent increases, Infill plan (homes, cost, timing), Utility cost recovery, Vacancy and turnover, Capital improvements, Exit cap rate

## 7. Sale Comparables

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

## 8. Rent Comparables

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

## 9. 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]

## 10. Advisory Bios and Contact Us

- **Advisors:** [Name, title, license, contact]

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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.
- Leave confidentiality and disclaimer text as [Insert the brokerage's counsel-approved language]; do not write legal text.
- For residential property, avoid language that describes or prefers a type of resident or neighborhood demographic.