Updated about 16 years ago on . Most recent reply
Deal analysis Park
Foreclosure for around 75k with 45 to 50 lots and currently 16 tenants. The homes do not belong to the Park and the city has liens on them as well as Greentree.
Area of town is weaker. Park across the street has 50% vacancy. For such a low price, this could be a gold mine? Lot rent is currently only $75 , but could be raised. Realtor seems to think one could work out a deal with the Lien holders for the homes in exchange for lot fees due. There are 16 homes.
If anyone has any genuine interest, I may consider partnering for a flip.