Western pa park for sale


#1

i have a park in western pa that we are thinking of selling. 63 sites, paved streets, city utilities, and 10 acres for expansion with a municipality that is more than willing to let us expand with more water and sewer taps. place stays over 95% full at all times. generates over 10k per month net. how should i price the park for sale? would there be any benefits to just holding and expanding further then filling and selling?

thanks in advance for any input

matt


#2

Post Edited (04-14-11 21:34)


#3

In pricing the park you need to consider that lenders are not as friendly as they were a year ago. Also depends upon how much owner financing you are willing to provide. Prepare some alternate price points and go from there.

Tim D.