Hi- newest OFF market deal attached.
25% CASH ON CASH RETURN DAY ONE, AFTER DEBT PAYMENT!
Link to park details:
https://drive.google.com/file/d/1caV9edaJ76jIiRxfaZ9PtaFJ6q5KniO-/view?usp=sharing
Park sits in the heart of Westland Michigan a city with a population of 82,000 people leaving plenty of demand for affordable housing. Park is in the Detroit- Warren- Dearborn Metro with over 4 million people!
Tenants pay $375 lot rent and the park has 3 apartments and a cottage, the cottage and 2 of the 3 apartments are rented currently. Income and expenses below, this park is priced to sell fast with a purchase price of $700,000, NET INCOME AT $102,000+