Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply

Mobile Home Park Acquisition Question
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.