Mobile Home Park KS for sale or need equity line

[Eric Henderson]

I have a 72 lot 1 star mobile home park for sale - we really only need a capital partner or line to get us through a bad-partner buyout (took a lot of unauthorized distributions leaving company nearly broke) to pay current obligations and begin infill strtegies - buying homes to resell to tenant buyers. I sold 4 units this past month since taking over and the property should be cash flowing nicely very soon. $600k current market value. On sale now for $550k (with assumable, maybe, 300k 1st). I am looking for capital partner able to fund $20k in current liabiities and provide $50k minimum, prefer $100k line to purchase and resell homes. currently 35 of 72 lots filled - target 54-60 lots plus revenues from resale units. Please advise if you or anyone you know may be able to help. Nonrecourse LLC owned. Kansas. Private water, conencted to city sewer. After increase in occupancy value estimated at $750k. Nearly 20 acres right on busy highway just outside (1 mile) major metro area with military base, casino, shopping and large manufacturers. It is a great location and opportunity - the company is just limited due to capital constraint due to partnership issue we have resolved now. Ideas and referrals welcome. Please message to discuss.