Mobile home park for sale.. Need some help

[Travis Elliott]

I am looking at a mobile home park. They are asking $550,000 for it and there are fourteen spots that bring in $250.00 each so a total of $3500.00. There is also a house and a large shop. The house may need some sewer work but it would rent for $600.00. I am wondering if this is a good deal or not.

I would keep the shop for my own use so there wouldn't be any income there.

There arent any mobile homes included in this sale.

You should also know that there are a total of forty four spots but only fourteen are rented. I dont know what kind of sewer work the other spots would need to rent them