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Updated almost 11 years ago on . Most recent reply

User Stats

53
Posts
8
Votes
Jordan Vires
  • Investor
  • London, KY
8
Votes |
53
Posts

Mobile Home Park Deal need help!!

Jordan Vires
  • Investor
  • London, KY
Posted
Greetings. Looking at mobile home park. Deal is as follows: Asking price $300,000 8 mobile homes that are owned by owner and rented. No lot rental on property. 2 single family homes. 1 Billboard $2,000 a year 1 garage $250 per month Rentals run between $450-600. Total income just over $5,000 per month. Dumpster $78 per month Property taxes and insurance $3500 annually. ( seems low) Can someone helping determining value or offer price? I'd love for them to owner finance all or a portion of it! Thanks for your time! Jordan

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