If the lot rents are already as high as they dare go and the park is 95% full does it still make sense to
purchase? only has 8 park owned, city water and sewer 79 lots.
What’s YOUR objective? Are you looking for a value added play? Then no.
Are you looking for a relatively stable investment where you’ll be managing cash flow? Then maybe.
Of course, it all depends on price and making sure there’s no major capital improvements pending.