Purchase Brand New park? POH or TOH
Hello,
I am currently redeveloping a park and we are debating whether or not to sell it with park-owned homes are TOH. What do you think is the better offering to a prospective buyer? This would have 8 3/2s brand new. The estimated rent would be 1k per month if we sold as POH, the estimated lot rent would be $250.
This is not taking into consideration the owner financing the homes as we will most likely be using the 21st mortgage to finance these.