All Forum Posts by: Charlotte Dunford

Hi all. I was trying to figure out potential MHP buyers categories to prepare for my exit strategy. Who would be the potential buyer for the following parks types? Institutional buyers? Requires seller financing? Smaller investors?

1. 8 lots, stabalized, large, strong metro market in mid west/west.

2. 20 lots. Stabalized, large, strong metro market in the mid west/west.

3. 30 lots. Same conditions.

4. 40 lots. Same conditions.

@Jay Hinrichs si since they did BRRR that means the ones you carried notes on were not stabalized, correct? Would the buyer be different If the property was already stabalized?

@Jay Hinrichs many thanks, Jay! Great information.

@Jay Hinrichs great! And may I ask how many years until balloon payment for the properties that you carried the note?

@Jay Hinrichs did this 48 unit park have public water and sewer? :)

How have you incentivized your tenants to renew their leases with you, while raising rent?

@Jay Hinrichs thanks so much for the info!

@Jay Hinrichs was the 45 lots' price sold for a discount since it was cash?

@Jay Hinrichs this is great info! What percentage did you get as a down payment? If you don't mind sharing.

@Jay Hinrichs thanks Jay. So what would be a size/scale that would not need me to carry the note? Above 60 unit? Or a certain NOI level?