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Updated over 6 years ago, 08/30/2018
Mobile home park ,Would you buy it?
Let me start by saying this will be my first deal with real estate investing
I am looking at a mobile home park with 18 pads and 1 house
13 pads are rented so is the house
All mobile homes are tenant owned
The park is on a community well and water treatment system
Owner pays water/ sewer/ trash ,and any repairs for house
This sets on 4 acres
Asking price 180000
Gross cash flow 2000.00 per month