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All Forum Posts by: Lawrence Duhon

Lawrence Duhon has started 1 posts and replied 2 times.

Mobile Home Park Investing

Post: Quick park evaluation

Lawrence DuhonPosted
  • Posts 2
  • Votes 0

Same numbers I was coming up with, just wanted to double check with some more experienced people.

Utility’s are all direct billed through the city and everything else is in great shape from google photos. His numbers just didn’t make sense to me. I appreciate the answers.

0 Votes
Mobile Home Park Investing

Post: Quick park evaluation

Lawrence DuhonPosted
  • Posts 2
  • Votes 0

Hi, I randomly got In contact with someone willing to sell a park in Louisiana off of Facebook.

42 lots, 28 occupied l, 225 lot rent. 1 double wide lot rent 375, 4 rto units 875.

He’s asking 945k and saying it’s an 8% cap rate with 30% expenses. I haven’t seen the property yet but does this sound right?

0 Votes