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Mobile Home Park Investing

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Shane Waller
  • Real Estate Investor
  • Nashville, NC
6
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37
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I have a chance to buy??

Shane Waller
  • Real Estate Investor
  • Nashville, NC
Posted Sep 1 2014, 06:55

It's a single wide mobile home mid 80's, it is on it own land not rented land. Half acre maybe.  Rents for $475,  they are asking 16k prob take less?  Do you think is worth it prob get money back in a few years? Currently $5700 per year its bringing in minus tax etc. I could always later on down the road pull it out an replace it with a newer one? Any suggestions, do and dont's. Thanks Shane

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