Seeking Partners/Financing For Mobile Home Park Acquisitions |
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Carey Antoon Anclar Properties |
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801-725-5723
I am a private investor looking for a debt/equity partner for multiple deals. I live in Northwest Arkansas and currently have 3 MHP's in mind. The first one I would pursue is a 133 space park at 97% occupancy with a 13% cap rate (actual numbers) and huge upside potential (additional 5 acres). The seller is willing to finance 10% and a community bank is willing to hold the rest with strong financials. I am interested in doing multiple deals with a long-term partner. I am also seeking capital to buy and sell used single mobile homes.....I hold the notes. Let me know if you are interested. |
| Last Revised: October 13, 2009 |