61 space MHP
28 occupied POH
33 vacant homes that need work 5K each home.
city water city sewer
monthly bills of around
park currently makes around 12000 a month before expenses.
30 year ammortization
10 year balloon
payment: roughly 1000 monthly
This park is located in southern michigan in a city with median income of 50k and housing price of 65k
good population with a thriving economy.
I know you need a lot more info to really make an accurate judgement, but based on those numbers what do you think?