Hello,
I’m looking for an equity partner for a small park in Florida. It is a 75 MH and RV park in the Crystal River area. Here are some details:
45 MH all tenants owned, 30 RV sites (most are long term tenants)
Current MH rents at $225, market is closer to $300.
RV rents between $235 and $250, market is $350 and up
Purchase price 1.225MM.
Seller financing with 20% Down at 5.5%. 30 yrs Am, 5 yr term.
If interested, please email partner@assetlegacygroup.com