I have an opp to purchase 25 unit park in Alabama with only 6 units occupied. There are a total of 10 park owned units inc the occupied which are also park owned. The property is large 4 acres. They are only wanting 99k & infrastructure is good. City water & sewer. There is a boneyard of trailers in the area & can be had for cheap but will need tweaking…Boneyard willing to move out old units as a deposit for some of the vinyl shingle better units I need.
Would you touch it if it was your way into your first park? He is also willing to do no payments for a year?