Updated almost 8 years ago on . Most recent reply
CO Mobile Home Park Recap - Investment
Colorado Investment Grade Mobile Home Park Recap. After 8 year hold, I am taking out current investors, who will receive 20% IRR. Park, which is near ski resorts, has around 250 lots and is fully occupied. I have secured $6 million of non-recourse debt. I am putting in $1 million of equity and looking for additional $2.0 million. Total deal size is $9.0 million. Planning to close in January. Contact me to receive more details.
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