re: Value of rental property

It's difficult to say without knowing the year of the homes and quality of the homes and areas. I think there is good value there to an investor but by selling to an investor you probably won't get as much as selling them individually to a occupant.

Let's just say it can be subdivided into 3 properties. I'd search realtor.com for mobile homes in the area on an acre of land. That'll give you an idea. My guess would be in the 50-85k range each if they have their own acre of land and it were to be subdivided.

As a whole you lose some value because an investor will want to buy at a discount. The risk for an investor is if it's in an area that will continue to produce quality tenants and the land holding long term value.