Small Mobile Home Park

[Ed Emmons]

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $216,000
Cash invested: $21,600

18 unit trailer park next to 42 unit I own.

What made you interested in investing in this type of deal?

Already owned one

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

It was local to me and it took over a year to make the off market deal after contacting owner.

How did you finance this deal?

Owner financing

How did you add value to the deal?

Raised the lot rents and added homes.

What was the outcome?

Stable long term investment.