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Updated over 5 years ago on . Most recent reply
Thoughts on this Potential MHP
Louisiana Mobile Home Park
Purchase Price around 230,000
5 units-3 bed/2 bath homes all park owned
monthly rents of $4,000
decently kept up and renovated units with long term tenants
The numbers seem to be great compared to a fourplex. Would you try to sell the homes to the tenants? I believe rates in Louisiana tend to be too low, so landlords like to own the homes