I will assign a 26 pad MHP Under contract Owner Finance 2.1% int, 19 yr fixed, fully amortized

mobile home university
1

26 pad MHP Under contract Owner Finance 2.1% int, 19 yr fixed, fully amortized - Anyone interested?

  • University town in Kentucky

  • 26 MH sites – 100% TOHs - 100% occupied

  • Lot rent currently way under market at $95-$145 per pad

  • Market lot rents - $200-$225

  • 3 SFHs that are rented $500, $325, $305

  • City water and sewer - Master metered

  • all pedestals have 200A service - individually metered

  • Grosses $46,000/yr

  • 6.5 acres

  • paved roads – one newly paved

  • room for 19 more home sites

  • Median Hsg Cost: This Town Market Overview through Jan 2020

$105,000 +3.4% 1-yr forecast Jan 2021

  • 2bd Apartments > $650/month

  • I have been out to the park – it fronts on State Highway and another city road – good location, drains well, no issues

  • Signed contract at $350k, 10% down, 2.1% interest for 19 yrs – fully amortizing

  • Next to a Kroger, 1.5 mi to Courthouse, 1.5 mi to University

I have all papers signed, you’re ready to go into DD. DD period is up March 15, 2020.

I will assign this contract for $10,000 paid at closing Call or text 859-319-5000

3 Likes
2

Interested, do you have any pictures of the park? What town?
Thank you
David
taylorsellsstl@gmail.com

3

I am interested. Please send pictures and last 2 years of P/L to dash100015@gmail.com

4

David, you’ll have to sign an NDA.

5

Brad
I am interested please. felipecaballero@hotmail.com.
thanks

6

I’m interested. Ohmtvhomes@gmail.com

7

Interested, please send pics and 2 years P&L. thanks! Christina.joe@shaw.ca

8

Please send info to mypropertyebox@gmail.com
Thanks

9

Please send info to kaylatruong@gmail.com

10

hello i’m interested please help send information to jackyen@gmail.com

11

Interested!
Elizabethawoods16@gmail.com

12

Call Mike @ 209-321-3053 or send more details to info@mhpsecure.com

13

Would love to hear more about this park!

Marcusn@ira-realty.com

14

I’m Interested in the park.
Please send info to: steve@webuymobilehomeparkstoday.com

Thanks
Steve McDaniel
We Buy Mobile Home Parks Today
225-791-2930

15

What is your contract price? I am interested

16

I think I have someone for this property. If that falls out, I will alert everyone. Thx

17

Interested send details to richardgoldmanparkgroup@gmail.com

18

Hello please keep my email if it falls through or if you have any other opportunities.

Smehta1105@gmail.com

19

I’d love info!
dagraceproperties@gmail.com

Thanks!

20

Is this still available?
Please send to restes83@gmail.com