A GREAT SIGN FOR YOUR MOBILE HOME PARK IS AN INVESTMENT, NOT A COST

Most mobile home parks I have bought come with a standard sign design – a 4’ x 8’ sheet of plywood with a faded poorly written name on it and no phone number.  This must be a popular design because I see it everywhere.  There is also the design of metal or wood letters on a brick or masonry wall with some of the letters missing.  My favorite was on where some kid had yanked off the letters and then spray painted some replacements so that the sign said proudly “F___ Y__ Estates”.  What was equally funny what that the owner cared so little about the sign that he did nothing about it -- I drove by several years later it was still that way.

You need to understand that your park sign is extremely important to making money.  Your sign is a pretty busy employee:

• It offers a tenant and a prospective tenant the initial positive impression of you property.
• It gives the phone number of the park to anyone interested in renting a lot.
• It impresses city inspectors and officials
• It impresses bankers and appraisers
• It works for you 24/7, takes no vacation, and lives on nothing but sunshine.

I would propose that one of your substantial investments in fixing up your mobile home park be to buying and installing a professional quality sign.I would empathetically recommend against signs of wooden construction.  Exposed to outdoor conditions, wood just doesn’t work well.  It fades cracks and eventually rots.  Even sandblasted signs don’t seem to be built for longevity.

I prefer signs of metal or plastic construction with vinyl or molded letters – nothing painted.  Paint fades and flakes off over time.

I always put the name of the mobile home park and the address on the sign, and then attach the phone number with two hooks to hang under the sign.  I do this so that if you change the phone number you can just change out this panel and not the entire sign.  Also, when you sell a mobile home park, if needed, you can just detach the phone number and the new owner can attaché his phone number.

I recommend that you pick a standard design that you can use at all you mobile home parks.  It will really impress you banker, and you only have to come up with your dream design one time and then use it over and over again.

I choose a sign design that works well with white vinyl fencing, which I also always use at the entrance.  It would be a great touch if you came up with a standard entry design that helped accentuate you attractive sign.
Sure, a professional quality sign is expensive – but look at all the benefits. 

When you go to sell the mobile home park, that nice sign and the great first impression it gives the buyer, may make you 100 times what the sign cost.  And that doesn’t count all the income that the park derived from impressed drive-thru tenants. 

Remember, a sign is not a cost – it’s an investment!

By Frank Rolfe

Frank Rolfe is one of the faculty at MHPCollege.com in which we help serious investors make money and avoid mistakes with mobile home park investments.  Frank has owned and operated over 25 Mobile Home Parks.