As many of you know, ARC is auctioning off over 70 MHPs through Sheldon Good & Company in December. This is the largest single auction of MHPs in history, I believe. Dave Reynolds has been working with Sheldon and Good to get every property listed on his site (www.mobilehomeparkstore.com). I’m in the process of trying to get as much information as possible to distribute to everyone that is attending the Mobile Home Millions conference in Anaheim this month.
If there is anyone who is interested in a specific property, please let me know and I’ll try to get the information to you.
One last thing, this auction is being handled very differently than those in the past. It is strictly capitalization rate based and the first 30 properties sold at the auction will be absolute.