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Updated over 7 years ago,

User Stats

45
Posts
28
Votes
Zachary Clevenger
  • Bargersville, IN
28
Votes |
45
Posts

Help me analyze this mobile home park!!

Zachary Clevenger
  • Bargersville, IN
Posted

Good morning everyone,

A mobile home park has come up for sale that I drive by every single day on my way to work. I need all of your expertise and help analyzing the property as I am still in the learning phase.

I have emailed the listing agent already requesting some additional information:

1) Cap rate

2 NOI/CFO

3) Rental amount per lot/unit

4) If utilities are absorbed by the park owner or by individuals

5) If the park was on city sewer or septic

I need all of your help analyzing this one, and any recommendations on further questions I should ask/inquire about.

**Update #1**

Reviewing the park's current website shows there is a unit for sale and here is the basic information it gives:

Terms:
$9,900
$900 down payment
$600 monthly (includes lot rent)

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