Looking for Distressed Mobile Home Parks and Self Storage Facilities

[Website removed] is looking to acquire Distressed mobile home parks and self storage units. We will pay, all-cash, up to 60 cents on the dollar based on today's retail value, depending on the specific project.
[Email Removed]

Edited: 06/26/2010 at 11:41AM by Administrator : Contact info not allowed in posts.

Uwe S.

Real Estate Investor · Chemnitz, Saxonia

1,241 posts
12 awards
69 influence

Feb 17 '10, 06:19 AM

Ron,
How many spaces and which price range?

-Uwe

Edited: 06/26/2010 at 11:41AM

Ron Lerman

Real Estate Investor · Laguna Niguel, California

15 posts
1 award
50 influence

Feb 17 '10, 08:02 AM

MHP over $1,000,000. Thanks.

Edited: 06/26/2010 at 11:41AM

Josephine Ponce

Real Estate Consultant · Oregon, Illinois

125 posts
2 awards
50 influence

Feb 17 '10, 10:46 AM

Mr. Lerman,

The seller provides commercial non-performing loans at substantial discount.

Mobile Home Park: Non-Performing loan
Self -Storage: Non-Performing Loan

Please contact my office via email below in this post. Thank you.

Edited: 06/26/2010 at 11:42AM

SOJ. O

Real Estate Investor · Saskatoon, Saskatchewan

19 posts
2 awards
50 influence

Aug 01 '10, 07:21 AM

Originally posted by Ron Lerman

MHP over $1,000,000. Thanks.

Ron, Good day. Are you still looking for MHP?

Soji

Sammy Johnson

Homeowner · Chickamauga, Georgia

104 posts
5 awards
50 influence

Aug 27 '10, 01:22 PM

West Georgia - Bremen Area Mobile Home Parks For Sale

Carden Acres
14 Hurst Mill Road
Bremen, GA 30110

$430,000 5% commission 10% Cap Rate
27 spaces 26 park owned trailers 12 of 26 rentable 12 of 12 rented
1 Lot rent Septic with metered water & electric
+ 1400 square foot commercial office /warehouse building
33 Acres 46% occupancy/100% available occupancy
Leased Income Monthly $4670 currently $5610 by year end

Carden Court
1168 Shedd Road
Bremen, GA 30110

$350,000 5% commission 10% Cap Rate
28 spaces 26 Park owned trailers 7 of 26 rentable 7 of 7 rented
1 lot rent 1 empty lot
Septic & metered water & electric
3 storage trailers (converted mobile homes)
10 acres with option for 10 adjoining acres
31% occupancy total occupancy/100%available occupancy
Leased Rental Income $2200.00 currently $3500 by year end

Bremen Mobile Home Park
105 Cross Street Units #1-5 & 109 Cross Street Units #6-10
Bremen, GA 30110

$189,900 5 % commission 10% Cap Rate
10 lots 9 park owned trailers 8 of 9 rent able 8 of 8 rented
1 empty lot 2 acres 4 units recently rehabbed
Metered City sewer/water, gas & electric
90% occupied / Leased income $2925.00

Average rent $400 per trailer range $300-$600/month
All properties are within 3 miles of each other
Owner Financing available with 7-10% down
Local management on site On site maintenance support

Carden Acres & Carden Court
$715,000

All three parks
$875,000

Eli Chambers

Real Estate Investor · Jacksonville, Florida

21 posts
50 influence

Jan 31 '11, 05:02 AM

Still looking for self storage facilities? I have 2 in Louisiana. [EMAIL REMOVED]

Edited: 01/31/2011 at 06:53AM by Moderator : email in signature, please