Help analyze this deal

[Chris C.]

Don't want to get to wordy but would like some other experienced guys input on this deal.  I am an experienced investor but want to know what others would pay.

6.46 acre Mobile Home Park

20 minutes west of Columbia SC.  With 2 minutes of Interstate 20

C class area

Decent industry and jobs in the area.

14 lots

Individually metered power and water

Each lot has it's own septic.

7 Lots rented for $150 mth (Market could handle higher possibly to $200)

5 park owned homes

4 Single wides and 1 double wide

3 rented for $400 per mth

1 rented for $475

1 Rented for 375

2 vacant lots supposedly have all utilities just need a home sited

Expenses:

community lights 960 yr

taxes 2288 yr

ins 1000 yr

no expenses provided yet for maintenance or vacancy.

Supposedly mostly long term tenants.

Asking $175,000