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Updated over 1 year ago,
Mobile Home Park Investment Opportunity
Hi all!
I sold my investment property last week and am hoping to do a 1031 exchange. I've been looking for a while and haven't been able to find anything that makes sense within my budget, and the amount I'm preapproved for (500k) is less than the amount I sold my property for. I would ideally like to get into self storage or mobile home parks. I found a mobile home park that looks like a great opportunity here in New Hampshire with a decent amount of cash flow and value add potential for a little over 1M. I'm hoping to find someone that would be interested in investing with me on this (I'll share more info privately of course). I don't have any experience with parks but I'm ready to learn, get my hands dirty, and be the boots on the ground if you're not local.
Thanks!