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Updated almost 8 years ago,

Cole Stoneman's profile image
Cole Stoneman's profile image
Cole Stoneman
  • Investor
  • from Farmington, New Mexico
  • Member since Mar 22, 2017
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User Stats

7
Posts
3
Votes
Cole Stoneman's profile image
Cole Stoneman's profile image
Cole Stoneman
  • Investor
  • from Farmington, New Mexico
  • Member since Mar 22, 2017
Connect
Cole Stoneman
  • Investor
  • Farmington, NM
3
Votes |
7
Posts
Buying & Selling Real Estate

Mobile Home Park Purchase Help!

Cole Stoneman
  • Investor
  • Farmington, NM
Posted

I am fairly new to real estate, however I have an opportunity to purchase a mobile home park.  Any advice from the experts out there?  

Purchase price- 540k

Net profit- 101K/yr

What are the pitfalls to avoid?  

No septic, all city utilities.

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