42 lots, 39 rentals. Lots are scattered throughout a larger community built in the late 80s, four total owners in the community. One side of community is lot rent only, this appears to be the rental or lower class side. All I all, it was not as bad as I had anticipated. Don’t know how I should view the appearance, and one of the newer lots is on a lake. This community was build for trailers back in the. 80s and all streets maintained by the county. Favorable landlord rules, a police officers brother has lived in the park for 9 years.
county sewer and utilities, utilities billed directly, however was told water/sewer/trash billed monthly 45 dollars… County requires this billing process. This guy does all the maintenance and believes he has the people spoiled. He lived in park for 10 years, and has purchased a couple of trailers to put his daughter and son into before he exits the business.
My only issue is the lack of control over other lots. Evidentially one of the owners who has about 70 trailers is not actively renting of caring for his lots.
Trailers mostly 14 or 16 x 72 or 80. One 12 foot and one 10 foot. Rentals range from 335 to 500, an average of 400, so I place lot rents at 125. All have C AC/H.
Initial thoughts / value… Thanks