I recently had to replace my HVAC system because it was red-tagged.

Given the current NOI of $19,440 and a reasonable cap rate of 8-10% for a park with park-owned homes and septic systems, a fair price would range from $194,000 to $243,000.

- Highly unlikely you'll be able to get separate water meters installed and submeter system probably too expensive for this few of units. - So, that leaves electric & gas.

Glad you are setting aside money, but if the HVAC is 20 years old, or the septic system has never been pumped, or the roof is 25 years old, etc; you will get hit with a cost before your build up enough set aside.How stable is the other tenant? 

The perfect system...  

Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.

It just means that of the two, the better system for data purposes is Propstream.

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

All that cost's $ in labor time and systems.     

The key is to standardize property quality and management systems, which would appeal to buyers seeking scale.If you’re thinking long-term, holding these properties for cash flow while leveraging local appreciation is also a strong play.