Good morning MHU community,
I have a 99 unit MHP in Oklahoma City under contract that is 80% below value when using the 60/30 rule.
There are 40 lot rents @ $175
There are 16 rentals occupied
There are 34 vacant units of various condition ( have some pictures )
There are 8 abondoned units of various condition
There are 11 vacant lots.
City water ( currently no meters )
trash dumpster that owner pays for
I am looking to get a reasonable finders fee from this park that we can discuss further if you have an interest.
I need someone who can make a decision fast and close fast either with cash or qualify for a loan that I have ready to close on.
Terms of the loan are:
20 year AM
5% prepay penalty for 1st 5 years
If you are truly interested you can reach me at 916-792-4060 as I will be out and about all day today with out access to email.
Thank you for your interest and I look forward to speaking with anyone interested.