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Updated 17 days ago, 12/19/2024

Ryan Carter's profile image
Ryan Carter's profile image
Ryan Carter
  • Member since Dec 18, 2024
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Ryan Carter's profile image
Ryan Carter's profile image
Ryan Carter
  • Member since Dec 18, 2024
Connect
Ryan Carter
3
Votes |
5
Posts
Real Estate Deal Analysis & Advice

MHP in Virginia

Ryan Carter
Posted

Investment Info:

Mobile home commercial investment investment in Marmaduke.

Purchase price: $490,000
Cash invested: $200,000

Picked up this MHP offmarket back in 2023. Got the lead from the cold calling agency I use. Seller owned it for over 25 yrs had to follow up for like 4 months. Finally closed it at a 12+ cap on in-place. Stabilized it to high teens. Holding onto it for cash flow for now.

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