Offer feedback please

[Bryan H.]

I'm making an offer on a park, it will be my first. Want to get feedback from the group.

Here are the community stats

• Metro pop 280,000, up 12%since 2000, up 25% since 1990
• Unemployment 4.8%
• Median family income $53,000
• Median home price $101,000
• 22 lots, 19 tenants, no POH
• Avg rent is $197, avg market rent $214 
• Rent includes city water, private septic, trash, lawn
• Estimated expenses are 49%

I got a quote to sub-meter and requesting a $10,000 credit at closing so I can get that done when I purchase. Billing back water to tenants will bring expenses to 37%

My offer is $240,000

Thoughts?