This issue of the MobileHomeParkStore.com and MHBay.com
Newsletter includes:
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Important updates, news, and new features
of MobileHomeParkStore.com and MHBay.com
-
New Ebook: Mobile Home Park
Investing
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New Ebook: Property Management
Survival Guide
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Articles From the Web
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Press Releases from Marcus &
Millichap - 4 California Mobile Home Communities Sold!
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Shopping for Insurance, How to Get
the Best out of the Insurance Marketplace
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Tell us what you think and send us
your articles!
Insurance Companies:
We are looking for companies that
provide Insurance on: Mobile Home Parks, Mobile/Manufactured Homes, RV
Parks, and Self Storage Facilities in the following states:
Alaska, Connecticut, Delaware, Florida,
Indiana, Iowa, Ohio, Oregon, Maine, Maryland, Massachusetts, Michigan,
Minnesota, Minnesota, Montana, New Hampshire, North Dakota, Rhode Island,
Vermont, Washington, and West Virginia.
If your company is interested in
receiving leads for any of the types of insurance and states above, please let
us know and we can discuss the program in more detail.
Calling all Manufactured
Home Retailers and Manufacturers: Similar to the insurance
program, we are collecting leads for individuals looking to buy new
and used homes. If you have interest in selling more
homes, let us know and we can discuss the program in detail.
This will be a true Win-Win!!!
Thank you for all making
2006 a great year for MobileHomeParkStore.com. With over 1.9
million visitors and 5+ million pages viewed, we continue to
grow and help buyers, sellers, investors, and owners find that one
stop source for Mobile Home Parks.
In the past 30 days, there have been
over 70 new mobile home parks listed for sale on MobileHomeParkStore.com and at
least 15 confirmed sales.
Our site is effective with big parks and
small alike. In fact, on January 10, 2007, a four space mobile home park
was listed on the site. Today, January 15, the owner sent me this email:
Have a deposit on my park so you can remove from your site. Thanks so much
and send me a bill. Forrest
This is what we
like to hear!
MHBay.com continues to grow
as well. The traffic has doubled in the past 3 months and the
listings are rolling in. It is still FREE to list your homes
and lots for sale or rent. So if you are looking to connect to
potential residents and sell or rent more homes, then place your
FREE listings on
MHBay.com.
Mobile Home Park Investing
Written by Dave Reynolds,
MobileHomeParkStore.com, LLC
December 21, 2006
Available
for Instant Download!
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How I Started in the
Mobile Home Park Business with Credit Cards
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Why you should invest
in Mobile Home Parks
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Over 15 strategies to
find Mobile Home Parks to Purchase
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Valuation of Mobile
Home Parks (with or without park owned homes)
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A list of over 50 Due
Diligence items
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Powerful ways to
Increase the Value of your Mobile Home Park
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Financing, Insurance,
Management, and much more!
Find out more about the
Mobile Home Park Investing E-book!
The Property
Manager’s Survival Guide
Written by Richard &
Deanna Stephens
December 26, 2006
Available for
Instant Download!
Richard and
Deanna Stephens were first introduced to property management in 1990 as an
On-Site Management Team of an apartment building located in the downtown area of
Detroit MI, since then both have worked together with both highly regarded
Manufactured Housing Companies and Individual Owners throughout the U.S. as
On-Site Managers. They are now finally sharing their experience in order to help
Managers and Owners alike to succeed in effectively managing communities.
Here is a
sample of what you will find inside:
- How we deal with many
different problems which have occurred in the past and present.
- Ways to save the
property Money.
- Tips on How to Get
Residents to Comply with Your Community Rules & Regulations.
- Tips on How to Get
Resident to Pay Rents on Time.
- A copy of the Lease
we like to use.
- How to deal with
Resident Complaints.
- Information on
Resident Retention.
10 Ways a Manager can make the most of
their spare time, and much, much more.
This book is for: New
Mangers, Seasoned Managers and Owner/Managers in the Rental Property Industry
Free Bonus:
You will receive copies of the same Forms we like to use on a regular basis in
the Mobile Home Parks we manage, which you can customize with your own community
information!
Here Is What You Will Get:
o
MH Community Lot Lease (word document)
o
Community Rules and Regulations (word document)
o
Resident Violation Notice (excel spreadsheet)
o
Payment Arrangement Form (word Document)
o
Resident Work Request (excel spreadsheet)
o
Reservation of Amount Received (word document)
o
Nice Late Payment Due Reminder (word document)
Mobile Home Parks can be tough to manage, however with the tools and strategies
you will learn from this eBook, you will be ready to turn your trailer park into
a Manufactured or Mobile Home Community in a very short time. So, if you are
ready to educate yourself and excel in the mobile home park industry as an
Effective Property Manager then it is time to take the next step.
Just one lesson learned
from this eBook can save your Property More Money than most Managers make in a
year.
The
Property Manager’s Survival Guide
e-book is available for instant download and is available now for only $9.95
Find out more about the Property Manager's Survival Guide
Marcus & Millichap
Real Estate Investment
Brokerage Company
FOR IMMEDIATE RELEASE
Contact: Kevin Assef
Regional Manager
(909) 605-1800
MARCUS & MILLICHAP ANNOUNCES SALE OF
$6.8 MILLION CALIFORNIA 170 SPACE MOBILE HOME PARK
VISALIA, California, January 8th, 2007 –
Marcus & Millichap Real Estate Investment
Brokerage Company, the nation’s largest real
estate investment brokerage firm, recently
announced the sale of a Mooney Grove Mobile
Manor in Visalia, California. This well maintained
mobile home park
commanded a sales price of $6,800,000. David
Rogers and Eric Coulsell investment specialists
in Marcus & Millichap’s
Ontario office
had the exclusive listing to market the property
on behalf of a California-based private
investor. They also secured and represented the
buyer in the transaction, a California based investment group.
Mooney Grove Mobile Manor is located at
26814 South Mooney Boulevard
in the city of Visalia, California. Mooney Grove Mobile Manor is a
good quality mobile home park and consists of
both single wide and double wide spaces.
Visalia
is located in
California’s San Joaquin Valley, a large and agriculturally rich
basin that runs through the center of the state.
Equidistant between San Francisco and Los Angeles,
Visalia can be found just east of
Highway 99 on Highway 198, the pathway to the Sequoia National Park.
The sales price represents $40,000
per space with a cap rate of
6.50%.
MARCUS & MILLICHAP ANNOUNCES SALE OF
$7.8 MILLION CALIFORNIA MOBILE HOME PARK
BAKERSFIELD, California, December 19, 2006–
Marcus & Millichap Real Estate Investment
Brokerage Company, the nation’s largest real
estate investment brokerage firm, recently
announced the sale of Kern Mobile Home Community
in
Bakersfield, California. This well maintained
mobile home park
commanded a sales price of $7,800,000. David
Rogers and Eric Coulsell, investment specialists
in Marcus & Millichap’s
Ontario
office, had the exclusive listing to market the
property on behalf of a California-based private
investor. They also secured and represented the
buyer in the transaction, a California based investment group.
Kern Mobile Home Community is located at
8300 Kern Canyon Road,
in the growing eastern corridor of Bakersfield. The park has
been increasing occupancy over the past two
years and now has only eight vacant spaces.
Bakersfield
is located just two hours outside of
Los Angeles
in
Kern
County. The City covers
approximately 115 square miles
and is 492 feet above
sea level, located at the southern end of the San Joaquin Valley. The sales price represents $
47,853 per space.
MARCUS & MILLICHAP ANNOUNCES SALE OF
$1.67 MILLION CALIFORNIA MOBILE HOME PARK
FRESNO, California, January 10, 2007 – Marcus &
Millichap Real Estate Investment Brokerage
Company, the nation’s largest real estate
investment brokerage firm, recently announced
the sale of a Westwinds Mobile Home Park in
Fresno,
California. This 50 space
mobile
home park commanded a sales price of $1,670,000.
David Rogers and Eric Coulsell, investment
specialists in Marcus & Millichap’s Ontario office, had the
exclusive listing to market the property on
behalf of a California-based private investor.
They also secured and represented the buyer in
the transaction, a
California
based investment group.
Marcus & Millichap is pleased offer Westwinds
Mobile Home Park located at 3109 West McKinley
in Fresno, California for investment. Westwinds is
a good quality mobile home park with quality
infrastructure (4-5 inch thick asphalt streets,
segmentized sewer system) and the pride of
ownership as can only result form long term
family ownership.
The property is located just outside of
the Fresno City limits and therefore not subject to Fresno City rent control. Fresno County
is located near the center of
California's
San Joaquin Valley which, together with the Sacramento Valley to the north,
form the Great Central Valley, one of the
distinct physical regions of the state The sales
price represents $33,400 per space with a cap
rate of 4.16%.
MARCUS & MILLICHAP ANNOUNCES SALE OF
$3.425 MILLION CALIFORNIA MOBILE HOME PARK
BELLFLOWER, California, December 29, 2006–
Marcus & Millichap Real Estate Investment Brokerage
Company, the nation’s largest real estate investment
brokerage firm, recently announced the sale of Skylark
Mobile Home Park in
Bellflower, California. This well maintained
mobile home park commanded a
sales price of $3,425,000. David Rogers and Eric
Coulsell, investment specialists in Marcus & Millichap’s
Ontario
office, had the exclusive listing to market the property
on behalf of a California-based private investor. David
Rogers also secured and represented the buyer in the
transaction, a California based investment group.
Skylark
Mobile Home Park is
a 45 space senior park plus one 2 bedroom apartment
located at 9113 Rosecrans
Avenue in Bellflower, California. The property consists of one
doublewide, thirty nine singlewides, five travel
trailers, and one apartment. The park has been
meticulously maintained by the present owners and is a
pride of ownership investment.
The
City of Bellflower, California developed from
countryside of agricultural crops and dairies to a
bustling residential and commercial community. Today
with more than 77,000 residents calling Bellflower home, the city is in constant
motion. The sales price represents $74,457
per space with a cap rate of 5.47%.
With more than 1,100 investment professionals in offices
nationwide, Encino, Calif.-based Marcus & Millichap is
the largest commercial real estate brokerage in the
nation focusing exclusively on real estate investments.
In 2005, the company closed nearly $21 billion in
transactions. Founded in 1971, the firm has perfected a
powerful system for marketing properties that combines
product specialization; local market expertise; the
industry’s most comprehensive research and analysis
capabilities; state-of-the-art technology; and
established relationships with the largest pool of
qualified investors nationally.
www.MarcusMillichap.com
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Williamsburg
Tell us what you think!
We'd love to hear what you think of this issue!
We need your articles - send your articles to
dave@mhps.com to be included in
upcoming newsletters.
Please send your comments, questions, articles, and
ideas for upcoming issues to us at:
dave@mhps.com
Your feedback matters to us!
Wishing everyone a Happy and Prosperous New
Year!
Dave Reynolds
MobileHomeParkStore.com
18923 Highway 65
Cedaredge, CO 81413
PH: 800-950-1364
FX: 970-856-4883
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