New to Forum: Wholesaling a MHP

Hey guys, selling my first MHP on this forum, would love your feedback or if you are interested, please comment below or email me and ill send you all of the info

Owner purchased for $495k and is willing to take a loss due to retirement

Purchase Price (including fee): 395k

Average Lot Rent: $210/Month with ability to increase 3% per year

Conservative Sale Price Valuation @ 7.5% CAP = $1.81M+

Total gains from sale at year 7: $1.15M

Total ROI : 275%

Lot Size: 13.6 acres

Lot Count: 64

Current equipment on site: 22

Tenant Owned properties on site currently: 14

Park Owned currently on site: 8

Avg Rents: $210

Avg Occupancy Rates: 80%

Year Built: 1953

County: McDonough

Water: City

Sewer: City

Nearby Amenities

Macomb, Illinois 61455 - 20 mins away

Western Illinois University - 20 mins away

Walmart - 20 mins away

McDonough District Hospital - 10 miles away

Farmland Foods Inc - big local employer - 39 mins away

Peoria - 1 hour away

Hi, I just sent you an email. thanks