Community Valuation Calculator
Get a fast, income-based estimate of your manufactured housing community's current value — and see what expanding your site count could mean for your bottom line.
An Income-Based Estimate in Under a Minute
Manufactured housing communities are valued primarily on their Net Operating Income (NOI) divided by a market cap rate. Fill in your community's numbers below to see a baseline estimate — then adjust the expansion section to see how adding sites could increase your asset value.
Your Community Today
Expansion Scenario
See how adding new sites affects your community's value once they are occupied.
Your Community Value
Ready for a professional valuation? Our team can review your specific community, market conditions, and expansion potential — at no charge.
Request a Free ValuationThis calculator provides a general estimate based on income capitalization methodology. It does not account for land value, physical condition, deferred maintenance, local market dynamics, or other factors a professional appraisal would consider. Results are for informational purposes only and do not constitute a formal valuation or offer.
What Drives MHC Value
Understanding the key value drivers helps you identify where improvement efforts have the most leverage.
Occupancy Rate
Every vacant site is lost NOI. Moving from 75% to 90% occupancy on a 100-site community can increase value by hundreds of thousands of dollars at typical cap rates.
Lot Rent Level
Below-market rents are a direct discount on value. A $50/month increase per site on a 100-site community adds $60,000 in annual gross income — and $45,000+ in NOI annually.
Operating Efficiency
Reducing your expense ratio from 45% to 38% on a $500K income community adds $35,000 to annual NOI — roughly $460,000 in additional asset value at a 7.5% cap rate.
Cap Rate Environment
Florida MHC cap rates have compressed over the past decade. A community valued at a 7.5% cap would be worth 25% more at a 6% cap on the same NOI — market positioning matters.
Site Expansion
Adding sites that generate income creates value at a multiplier. At a 7.5% cap rate, $1 of new annual NOI creates roughly $13 in asset value — making expansion one of the highest-return plays in MHC development.
Market Location
Central and Northern Florida markets are experiencing consistent demand from retirees, workforce households, and in-migration from higher-cost states — providing a strong tailwind for community values.
Want a Real Number?
Our team can provide a detailed, market-informed valuation of your community — factoring in physical condition, local comps, and specific improvement opportunities. It's free, confidential, and comes with no obligation.