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Updated almost 15 years ago on . Most recent reply

User Stats

9
Posts
0
Votes
April Gentry
  • Real Estate Investor
  • MA, CT,VT, NV
0
Votes |
9
Posts

Advice please...

April Gentry
  • Real Estate Investor
  • MA, CT,VT, NV
Posted

I have an offer and am trying to decide if this is a good deal or not. I was offered "FREE" 3 small mobiles. they are in 55+ pks which I have not worked with before. They are 1bd 1bth which I know is not a favorite. One needs minor electrical work and the other two are cosmetics. The lot rent is 368 in a nice well kept park.
I am still getting used to park rents in Vegas, some are 550. I'm used to 250-280 back in New England. Anyway, I know these are not that profitable but at the same time my heart has always said do well in an area and give back to the community/or those less fortunate. I have a soft spot for the elderly and think with the higher lot rents 1 bd, 1bth is all most of them want or need unless they have families that visit often. Help me see clearly here folks.
Again the 3 mobiles are being given to me by the propety manager which says a lot. :wink:

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