1st Park Coming Together...
Hello, brand new to the community and wanted to share this win.
I have been working with the seller on an LOI over the last week and a half, going back and forth on terms, and we are finally putting the contract together.
At acquisition it sits at 9.5% Cap.
All TOH's
The value add is 6 open spaces and way below market rents.
Working on due diligence first, then the value-add play.
Goal is completion with infill and rent stabilization in the next 12 months.
I gotta say, it is exciting and terrifying at the same time. 😬
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1st Park Coming Together...
skool.com/mobilehomeparks
Mobile Home Park Investment for new or existing investors who want to find cash-flowing, off-market deals + analyze + close + manage them like a pro!
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