Are you (or do you know an investor who is) interested in NNN leasing a 27-pads MHP (on city water and sewer, individually power metered, but currently on a master meter for water) in VA for 5 to 7 years, while facilitating ownership financing to new tenants? Please contact (or have them) me.
The idea for each pad is to help acquire a new single wide ($30,000 to $40,000 whole cost), owner finance it, exit out with about $15,000 to $20,000 net profit over the 5 to 7 years. After such time, the tenants, then owners of the mobile home, would simply pay rent to the park, having paid off their mobile home to you (or the investor). Thank you for spreading the word.
Nickee