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Updated almost 3 years ago,

Derc Teschler's profile image
Derc Teschler's profile image
Derc Teschler
Agent
  • Real Estate Agent
  • from Shoreview, MN
  • Member since Jan 7, 2022
  • Posts 11
  • Votes 0
  • Experience 4 Yrs
  • Investments 11
Connect

User Stats

11
Posts
0
Votes
Derc Teschler's profile image
Derc Teschler's profile image
Derc Teschler
Agent
  • Real Estate Agent
  • from Shoreview, MN
  • Member since Jan 7, 2022
  • Posts 11
  • Votes 0
  • Experience 4 Yrs
  • Investments 11
Connect
Derc Teschler
  • Real Estate Agent
  • Shoreview, MN
0
Votes |
11
Posts
Real Estate Deal Analysis & Advice

33 Unit Mobile Home Park

Derc Teschler
  • Real Estate Agent
  • Shoreview, MN
Posted

Investment Info:

Mobile home buy & hold investment.

Purchase price: $495,000
Cash invested: $125,000

33 unit mobile home park, 6 owned trailers.

How did you find this deal and how did you negotiate it?

Active MLS search.

How did you finance this deal?

Commercial

What was the outcome?

Still holding.

Lessons learned? Challenges?

Evictions were challenging early on. Once bans were lifted, that process has become much easier.

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