Please Give Me Some Common Expense Ratios For Mobile Home

According to the text, mobile home park buyers are aware that operating expenses typically range from 30% to 40%. However, they may aim for a higher ratio of 40-45% for optimal expense management. The average operating expense for a mobile home park is usually around 35-40% of the gross income. This includes utilities, trash service, and maintenance costs. Mobile home parks tend to have lower turnover rates compared to apartments. For apartment buildings, a good operating ratio is between 35% and 45%. Additionally, mobile home parks have higher profit margins due to their operating expenses being around 30%-40%.

For mobile home parks, the common expense ratios typically range from 30% to 40% of the gross income. Some buyers may target a higher ratio of 40-45% for optimal expense management. This percentage includes utilities, trash service, and maintenance costs. Compared to apartment buildings, mobile home parks generally have slightly lower operating expenses, with good operating ratios falling between 35% and 45%. The lower turnover rates in mobile home parks often contribute to higher profit margins, with operating expenses typically hovering around 30%-40% of the gross income.

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