Blog and Newson Mobile Home Parks
We were looking at buying some mobile home parks in Kentucky and found out that they were in a 100 year flood plain. Kentucky has a lot of rivers and lakes, so it’s not uncommon for properties to be in a floodplain. A 100 year floodplain literally means that there is a chance that the area will be flooded once every 100 years. You might think those are pretty good odds, but appreciating the risks and precautions to take are in your best interest.