Owner Finance 42 Unite Mobile Home Park Opportunity.
Good morning,
I was made aware of a RV park in the Dallas Fort Worth Metroplex that has 42 units, the RV park is a successful business and the reason the owner is selling it due to health issues.
The owner is willing to owner finance. All of the numbers I will state here are rough numbers. He is willing to carry 60-75% of the loan at 7% interest, he wants right at a million and after running the numbers I predict a market value based off NOI at 1.8M.
I will keep this post vague for now but I would love to go into this deal as a partner with another experienced investor.
If this opportunity peaks your interest please text me at 214-603-2931