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All Forum Posts by: Bo Evans

Bo Evans has started 2 posts and replied 3 times.

Post: Assisted Living Lease Price

Bo EvansPosted
  • Posts 3
  • Votes 0

I am looking into a deal in Boise Idaho that I would like to ask a question about. I am wondering how much in Idaho a typical lease goes for? I was looking on CREXI and it showed around $1.5-$2.0/sqft. Any one have any insights.

@Roger D Jones I really appreciate the help and ideas. I will look into the current note holder and see. It is for a down payment on a franchise to then turn around and support the MHP with painting services.

Hey Everyone I have a specifically random question.


What is the process to getting a Line of Credit to a Mobile Home Park that is in a Joint Venture? Is it possible to pull out equity on my portion? 

We have a MHP that is worth around $700,000K I own 33.33% with a Debt of around $130,000.

Appreciate any and all help to get on the right road.