Ran across an off-market park last week.
- Hasn’t paid property taxes in 4 years
- 12 POH units, 2 condemmed, most non-performing 70’s homes
- tenants pay weekly if they pay at all
- some homes have no air conditioning (in Florida)
- well and septic
Made a small offer, Owner said no-way he already had an offer for 500k and was just looking for something better. We encouraged him to take the 500k and wished him well.