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Updated about 1 month ago on .

User Stats

5
Posts
1
Votes
Martin Griessmueller
1
Votes |
5
Posts

Mobile Home Park, Park Models in White Salmon WA

Posted

Investment Info:

Mobile home private money loan investment.

Planing a Mobile home park with modern and upscale Park models and modular homes between 400-600 sqf., total of 28 units, for sale and rental on 4 acre in White Salmon WA. I purchased the land and installing infrastructure at this moment, looking for Investor to finish Phase 3 & 4.

What made you interested in investing in this type of deal?

Vision:
Elk Meadow Cottageville is a thoughtfully designed tiny house community nestled on 4 acres in the middle of forest meadow in White Salmon, WA. Our mission is to provide affordable, sustainable, and intergenerational living for young adults, couples, and seniors seeking a simpler, connected lifestyle without sacrificing comfort.

How did you find this deal and how did you negotiate it?

Our local community of landowners and real estate agents did help us find this location.

How did you finance this deal?

We purchased the lot with cash down payment and the rest is under contract with the owner.

How did you add value to the deal?

After the whole project will be finished the total value will be $8.5 million

What was the outcome?

We will see when done

Lessons learned? Challenges?

Lot's of lessons to be learned:
County Approval Process
Environmental Studies
Negotiation with Suppliers und Subs