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Mobile Home Park Investing

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Ryan Roberts
  • springfield , mo
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Considering a MHP, can you guys help me?

Ryan Roberts
  • springfield , mo
Posted Aug 1 2012, 18:26

Hello, everyone, newb here, Ive been trying to find a good property to invest in but around here and I assume everywhere, people think junk is gold. Ive found a MHP on 10 acres close to the interstate and retail, zoned commercial. City sewer and utilities, so no septic! 56 units, 11 owner units-part of the 56. I would sell these with owner financing. price is 450K. I know i need rent rolls, taxes etc. What else would you want to know? I should also say lot rent is around 200$, up to 320 at the really nice parks with clubhouse, landscaping etc.

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