Feb '25 • Wins, Fun, & Testimonials!
First Park Under Contract
Went under contract yesterday on my first park since joining the group. Smaller park but getting the ball rolling. Still figuring out the deal analyzer and some other underwriting/due diligence items but usually learn best by taking action.
Quick park bullet points:
Morganton, NC - purchase price - 435k
18 permitted spaces
4 TOH
5 rented POH
2 vacant POH
7 vacant lots
City water, 2/1 septic systems
Current lot rent $300
Goal is to buy 100 spaces this year. Any and all feedback welcome while working through the rest of the course.
29
27 comments
First Park Under Contract
Leaderboard (30-day)
1
+55
2
+55
3
+49
4
+43
5
+23
Powered by