Purchase price $1,050,000 40 occupied 60+ pads 5,000 msa potential for another park within 3 miles

Good evening,

I ran across a lead in a super small market with a MSA of 5,000 people.

Does anyone buy in areas like these?

Asking Price: $1,050,000

(THE OWNER IS OPEN TO DOING OWNER FIANANCING FOR A $100,000 DOWN PAYMENT AND THEY WILL CARRY THE NOTE FOR 20 YEARS)

Lots: 60+

Occupied Paying Tenants/Lots: 40-45

Owner Info: They have owned the park for 20 years

MSA: 5,000 population

Lot Rent: $220

(MARKET LOT RENT IS 275+ THE LOT RENT INCLUDES WATER)

THE OWNER OWN’S 20-30 HOMES

HOMES: 70,80,90, AND 00’S

PUBLIC UTILITIES

Streets: Asphalt

There is potential to pick up another park within 3 miles of this park also, that has 30+ pads, with 10 being occupied at $275 a month lot rent.

Hi Erick
I am interested please email me more information.
Tabish.pep@gmail.com

Interested, please send info
dustin@jetsettercapital.com

Please email me at Jackary111@hotmail.com with contact information.

Thanks!

Hi Eric,
I too would like information on both opportunities and your contact info.
Thank you.

Interesting. I’d like to hear more. jmeinbress@ccim.net

I would be interested… justinbushparks@gmail.com

Hi Erick
I am interested please email me more information.

at Harrison@ashleyinvestmentgroup.com

jackyen@gmail.com thanks

I am interested as well. Please send details to KenBarleyrealtor@yahoo.com

Please send us info, we are interested aim.properties@outlook.com
Thank you!

@ DebP
Welcome to the community.

Eric,
Not sure your asking this forum of people to buy or invest with you, as much as your are asking for some advice. Let me know if I am wrong.
Population is very small and the other park with higher rents has a very high vacancy, so not sure how much upside you have with rents. Price seem pretty high as well, with only 40-45 of the lots paying. What is the Sewer situation? Do you have all the expenses, so you can calculate the Net return?
Let us know. tsanfilippo@hotmail.com

Hi can you send details at houstonsfh@gmail.com

hey Eric, please shoot me an email max@birchrealty.com

We have several parks in Minnesota . Please get me info :Rehinbox@gmail.com
Thanks