Updated over 9 years ago on . Most recent reply
Mobile home parkhelp please
Hi alll!!
I could use a little help with putting together a deal on a MHP.
I dont have all of the numbers but here is what I do have,
18 pad sites
16 mobiles are owned by the park. They are older homes ranging from 1972 to 1978
Currently the park brings in $5890.00 a month gross.
Water, sewer and garbage is $ 80.00 per unit per month or $ 1440.00 total per mo.
taxes are $7700.00 per year or $ 641.00 per mo
Payment= ???
So that is the info that I have right now.
Can you guys give me some kind of idea what this place is worth?
Thanks much
Travis



