Description Of Property: At the time of purchase, this park had 50 tenants living in the park out of the potential 73.We had to evict 10 people, rehab 20 homes, and bring in additional 10 or so homes. At the time of purchase, the park was brining in $23,000 per month (this park does not collect water, as each tenant is billed directly from the city). Currently, the park is doing $33,000 per month with 4 vacant spaces that need to be filled. We have put a wood fence around the entire property for security and looks. We have landscaped the front entrance, painted homes, and created an inviting office. After brining in the last remaining homes, this property should be doing over $35,000 a month and will be a great long-term investment.
