Looking to Assign All Lot Rent Park in Alabama


#1

Looking to assign contract for value add opportunity in Mobile, AL:

  • 24 space park with 14 filled lots. All lot rent residents
  • Mobile, AL - strong location
  • City utilities, tenants pay water directly
  • LR $200-$250/mo; under market
  • $44,000 NOI
  • Under contract for $400k + assignment fee
  • 80%+ Owner financing available @5%, 25 year amort.
    Send PM