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Updated about 6 years ago on . Most recent reply

Jordan Moorhead's profile image
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Jordan Moorhead
  • Real Estate Agent
  • from Austin, TX
  • Member since Jun 19, 2015
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Jordan Moorhead's profile image
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Jordan Moorhead
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Jordan Moorhead
  • Real Estate Agent
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Mobile Home Park Investing

Lagoon in Mobile Home Park

Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Posted

Has anyone bought a park with a lagoon? I'm looking into one and just curious as to what others feedback on it is.

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Phillip Merrill
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  • from Molalla, Oregon
  • Member since Jul 10, 2015
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Phillip Merrill
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Phillip Merrill
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  • Molalla, OR
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Phillip Merrill
  • Investor
  • Molalla, OR
Replied

Benefits of lagoons low operating costs. Liabilities: massive differed capital cost as sludge accumulates in lagoon and then must be removed every 20 or 30 years, potential groundwater contamination from partially treated wastewater leaking out bottom of lagoon, huge amount of land required for lagoons (1 to 3 acres for 50 space park), inability of lagoons to remove nutrients (nitrates under new regulations), irradict / poor treatment during winter.

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