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Updated over 4 years ago,
60 Lot RV Park with 3 MH
My partner has a RV park in the Permian Basin of West Texas (they just discovered a 74m barrel oil reserve about 25 miles from the park) and he's looking to sell it.. The cap rate is about 32% but a lot of people don't believe it when he tells them. What's a good way to market the property to potential buyers (he already has it on Loopnet)?