Purchasing Mobile HOme Park in N,C,
Looked at a park in Wilkes county ,N.C. ( 9 units) very rough shape. current owner has let tenants live on the cheap if they take care of their own repairs. of course tjis has lead to deteriation of every home in the park. My question is , is this legal in N.C.? I understood that as a landlord you have an obligation to maintain a safe and fully functioning structure for your tanants. s this the not the facts here in N.C.? Anyhow the park is priced @ 95,000 . I feel all homes would have to be replaced. But park has city water and sewage.Big plus!
I believe this park as is would have to be completely restructure, any advice would be greatly appreciate.
Looks like most tenants are on some type of gov. assistance so I am thinking it may be hard to make them vacate also?
Have been looking for a park for quite awhile with either city water or sewage and this one has both billed to tenants.
Five acres and 9 units with water setup for four more units.