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Mobile Home Park Investing

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Jonathan Napper
  • Louisville, KY
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78
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Wow, 3 MHP leads inside 30 minutes. Help with contract!

Jonathan Napper
  • Louisville, KY
Posted Aug 20 2014, 17:12

I connected with an owner who has 3 MHP he is selling in Kentucky, they are not listed. 

One consist of 10 spaces $30k

Another consist of 12 spaces and some adjacent storage units (17) $140K

Another consist of 30 units $480K

I am curious how much would you offer to put said MHP under contracts? Is there a rule of thumb, like X asking equals X offer on contract, until I can unload them?

Thanks

Jonathan

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