Is this a good Mobile Home deal?

[Pete Schwan]

Hello BP, 

I'm looking at a deal and trying to determine what to do. Here are the details. Should I be looking at the figures as two separate deals? The mobile home park and the apartment building?

~4 Acres approved for 16 mobile homes. 4 Mobile homes existing, 3/4 are in disrepair. Also included in the sale is a 4 Unit building with 3/1 Beds and 1/Studio. NOI of all 8 units combined is $41,320. Asking price is $275K.

My concern is: Would I be buying a huge head ache?