Thoughts on what this park is worth? i need to make an offer

[Travis Elliott]

So i posted this in a deal analysis forum and got one reply. Thought I would post it here for MHP knowledgeable men and women. 

Hi alll!!

I could use a little help with putting together a deal on a MHP.

I dont have all of the numbers but here is what I do have,

18 pad sites

16 mobiles are owned by the park. They are older homes ranging from 1972 to 1978

Currently the park brings in $5890.00 a month gross.

Water, sewer and garbage is $ 80.00 per unit per month or $ 1440.00 total per mo.

taxes per month are $ 641.00 or per year they are $7700.00 

If i were to only figure in pad rent it would be $250.00 per spot 250.00 x 16 = 4000.00 a mo

Payment= ???

So that is the info that I have right now.

Can you guys give me some kind of idea what this place is worth?

Any info is appreciated.

Thank you

Travis