MHP... Deal or No Deal?
Looking for some advice and tips
48 lots
95% occ
lots rent average $365 ( some less some for more )
water and sewer ( electric individually metered )
Population 20k (large retail stores within 5 min.) nearest 50k pop. 40 miles away
Average homes sales 100k Avg. rent 1bed $600
Asking 1.3 ( owner negotiable and willing to finance with 30% down)
What should I offer BP? There is a small house ($750 rent) and rv parking ( 4 spaces) which are not included in these numbers