MHP Under contract in SC


#1

Peter,

Some questions before I can give you a good answer…

How far are you from the mobile home park?

What is the motivation of the seller? How long has the seller owned the park?

Is there an office onsite?

There are no utilities in the expenses? Are all the expenses billed back to the tenants?

What is the market rent?

What is the average tenancy of the residents?

Do you have additional $$$ to bring homes in? Are there repos available in South Carolina? Is there a market for selling homes?

What is your short term and long term goal for the park?

Corey