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Updated almost 7 years ago,

User Stats

10
Posts
5
Votes
Denzell Hoover
  • Investor
  • Austin, TX
5
Votes |
10
Posts

Potential MHP Purchase in Blytheville, Arkansas

Denzell Hoover
  • Investor
  • Austin, TX
Posted

Fellow investors,

Looking to purchase my first MHP in Blytheville, Arkansas.  Besides calling other property managements companies/landlords for the rent rates and occupancy rates in the area. You guys have any other recommendations on how to get this data? I mainly do  wholesaling so this is a different ball game and process for me. Any tips or advice would be greatly appreciated!

info about the property

19% Cap Rate 

35 out of 75 are occupied

150 to 175 rent per month

Purchase price is 250K for 75 spaces.

Thanks in advance for whatever guidance and info you all could share.

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