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4 contributions to Commercial Real Estate 101
Update on the MHP I got!
Quick update on the Crow Rd MHP deal I posted yesterday ๐Ÿ‘‡ Iโ€™ve got a serious buyer lined up on this one, but heโ€™s looking to bring in a capital partner to help get it across the finish lineโ€”and ideally someone with mobile home park experience as well. Deal Overview: - 15-unit mobile home park (currently ~12 occupied, previously stabilized) - Mix of lot rent + park-owned homes - ~8 acres existing park - Additional ~17 acres for future expansion/development Structure / Opportunity: - Looking for a capital partner to come in on acquisition - Preferably someone with MHP experience (operations or ownership) - Willing to offer: 5โ€“10% equity on the park (in-place cash flow) 60โ€“70% equity on the land (development upside play) Plan is to stabilize the park first, then work into developing the additional acreage over time. The larger upside is in the land, which is reflected in the equity split. This is not a passive roleโ€”weโ€™re looking for someone who understands the asset class and can bring value beyond just capital. If this fits your lane or someone you know, letโ€™s connect and Iโ€™ll walk you through the deal.
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Got a deal I need help finding a buyer for!
I need help finding a buyer for this one, it would be my first commercial deal. I have financials upon request Property Overview: - 15-pad mobile home park - Currently ~12 occupied (recently 15 occupied) - Mix of lot rent + park-owned home income - Situated on ~8 acres (existing park) - Additional ~17 acres available for future development or expansion Financial Snapshot (Current): - Gross Scheduled Rent: ~$14,090/month - Annual Rent: ~$169,000 - NOI: ~$127,840 Stabilized Potential (15 occupied): - Gross Income: ~$225K - Estimated NOI: ~$150,000 Value-Add Opportunity: - Operational cleanup (mom-and-pop management) - Expansion potential with additional acreage - Ability to increase efficiency and collections Pricing / Structure Options: - $2,000,000 โ€“ Lump sum (park + land) - $1,400,000 โ€“ Cash (park only) - $1,500,000 โ€“ Seller finance Park only (20โ€“30% down, 5โ€“6%, 30yr am, 5yr balloon) - Optional: Acquire park now with exclusive option to purchase additional ~17 acres for $700,000 within 3โ€“5 years
2 likes โ€ข 9d
@Daryl Crabtree yes, and its 60 days due diligence, with option to extend with written notice, and 30 day close after feasibility, also with an option to extend with written notice.
1 like โ€ข 9d
@Daryl Crabtree did you want to take a look at fully, or do you think you might have a buyer for it?
How does this part work
Hey guys, I just joined not long ago, and have been working on building a GP team, and I wonder, if i have some deals that I can't personally take down myself yet, but would like to wholesale them, how does that work? Can we do that here? If so, what's the process?
Intro
Hey everyone, my name is Juan Bustos. I'm a residential wholesaler and flipper. Been doing it for 10 years, I'm moving more into the commercial realm. One big goal I have is to be a GP for my first storage unit buy before the end of the year. I'm looking to learn how to source, underwrite and close commercial deals smoothly and efficiently.
1-4 of 4
Juan Bustos
3
43points to level up
@juan-bustos-7982
wholesaler and flipper for 10 years. Goals on motivational speaking. Always learning. Metalhead. lol

Active 7h ago
Joined Feb 4, 2026
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