X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Rising multifamily rents have fueled an affordability crisis in Southern California and many are calling for more affordable housing options. Where there is demand, there is almost certainly investment opportunity, according to Hunter Thompson, a principal at Cash Flow Connections. Investors are increasing exposure to more affordable niches—like workforce and low-income housing—and competition is heating up in the mobile home park market as well. Once considered a high-risk investment, investors are seeing more and more stability and NOI growth in mobile homes.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.