Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

31
Posts
10
Votes
Stefani Gillenwater
  • Rental Property Investor
  • Chesapeake
10
Votes |
31
Posts

Mobile Home Park Acquisition Question

Stefani Gillenwater
  • Rental Property Investor
  • Chesapeake
Posted

My husband and I are hoping the BP crew can provide some advice.  We are in negotiations with a Broker regarding a MHP purchase and discovered that there is one parcel that is owned outright by a third party and will not be included in the purchase.  You can see from the graphic below where it is located in the park.  We do not have any additional information on covenants or restrictions yet.  Does anyone have any recommendations/advice on how this situation would affect park operations and more importantly resell down the road?  Thank you.

Loading replies...