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.