What would you offer cash price · Mobile Home Park Mastermind

What would you offer cash price

750 owner financing

What would you offer cash price

What do we thing would you buyBuilding size: 11,502 sqft total

Land size (sqft): 199,069

Land size (acre): 4.57

Layout: 14 mobile homes

Sewer: Septic | Connected

Water: Well

Electric: Connected

Road Access: Yes

Opportunity zone: FalseAsking price: $750,000 with OWNER FINANCING option

Down Payment: $350,000 (due at closing)

Note: $400,000

Payments to Seller: $2,147.29 ($25,767.48 per year)

Interest Rate: 5% with a 3-year balloon

Amortization period: 30 Years

Rent Info:

Current Gross Rent: $8,035/month

Current NOI: $77,126

Potential Gross Rent: $13,800/month

Potential NOI: $131,910.92

Reliable Infrastructure – Well water, septic, and electric connections in place for all units.

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