I am in contract on a 130+ site park in OH. City Utilities, 75k metro, nice commercial location convenient to food, shopping, etc…Multiple years of poor management has led to the inevitable decline of the park and it is down to about 40% occupancy. This deal has potential for huge upside, but will take the inevitable upfront work to get the park back on track. I am considering partnering with (or flipping to) someone experienced in turnarounds. You can contact me directly at rickbergman8@gmail.com if you have experience with turnaround projects and would like more details.
Hi Rick,
Can you email me more details. Price and extent of rehab?
Thanks!
Cam