John Neet, MAI
  RV, Mobile Home and Manufactured Home Appraisals

Mobile Home and RV Park Appraisal Services

A wide range of experience in a single, specialized property type is rare for the appraisal industry. Most appraisers take assignments for a wide variety of property types; there are only a few professional appraisers who specialize in a single industry, gaining and providing knowledge obtained through experience and concentration in a single property type.

John P. Neet, MAI is the valuation and counseling expert in the field of manufactured housing communities and RV parks in the western United States. Whether you need a market value appraisal for collateral analysis, an investment return analysis for a discretionary rent increase application, an estate tax appraisal, or expert witness services, the preferred expert is John P. Neet, MAI, a designated member of the Appraisal Institute.

Expertly completed appraisals of mobile home parks and similar properties are only part of the services offered by John P. Neet, MAI. As a specialist in these unique real estate investment properties, Mr. Neet is called on to offer financial and analytical opinions covering virtually every facet of the manufactured housing community industry to a wide variety of clients, from lenders to lawyers, from investors to resident owner groups, and from individual owners to REITS.

Professional services offered include, but are not limited to….

John P. Neet, MAI
Your MHC expert serving the West Coast.
New Mexico

Market Value Appraisals for lenders, attorneys, tax accountants, buyers, sellers, and financial advisors. FNMA (Fannie Mae) compliant appraisals are a specialty of John Neet.
Development of an appropriate package of valuation reports to assist in the conversion of investor owned mobile home parks and manufactured housing communities to manufactured housing subdivisions
Site and improvement allocation for depreciation schedule purposes
Preparation of expert financial analysis for discretionary rent increase applications in rent controlled communities in California and Massachusetts; including a variety of Fair Return, Maintenance of Net Operating Income, Rental Rate Comparison, and Review of Analyses prepared by other experts.
Valuation for resident, municipal, and 501C3 non-profit corporation purchases of mobile home parks for the preservation of affordable housing; including preparation of reports for HUD and FHA (market studies and market value appraisals), affordable housing lenders, and rated/unrated municipal bond issues.
Expert witness services in the areas of mobile home park/manufactured housing community and RV park valuations, including eminent domain, rent control, general litigation, tax appeal matters, and estate tax issues. Qualified as an expert witness in a variety of state and federal courts in a number of areas related to the core investment characteristics of these properties.
Analytical, USPAP compliance, and corrective reviews of appraisal reports prepared by other appraisers.
Ground lease negotiation and purchase option analysis for lessor and lessees, for buyers and sellers.

Clients of John P. Neet, MAI include a broad cross-section of the industry, and past and present clients include banks and other regulated lenders, FNMA-DUS lenders, conduit lenders, commercial credit companies, government agencies, resident owner groups, attorneys, tax professionals, investors, business appraisers, investors, and bond counsels.


John P. Neet, MAI

As the owner and operator, John Neet, MAI specializes in multi-disciplinary valuation and consultation. Areas of special emphasis include income producing properties with a primary concentration on manufactured housing communities, manufactured housing, and RV parks, leasehold and quasi-leasehold valuations, public acquisition valuations, valuations for rated and un-rated bond issues and resident conversions, expert testimony, and appraisal review. Non-appraisal experience includes cash flow projections, rent control financial analysis and consultancy, market studies and analysis, and financial performance analysis for manufactured housing communities and RV parks. Qualified as an expert in United States District Court, in state courts in Orange, Riverside, San Diego, and San Bernardino Counties in California and Federal Bankruptcy Courts in California, Texas, and Nevada.



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