PERFECT STARTER!!! SELLER FINANCING!!!!!!!! Owner will carry $450,000.00 with $225,000.00 down. The interest rate for year one will be at 5% interest only with a monthly payment of $1,875.00 or more, then years 2 thru 5 the monthly payment will increase to $2,416.00 (this payment is based on a 30 year amortization). The note becomes due 5 years from close of escrow. The park is on all city services and the entire parcel is zoned C-2 (Commerical). The water, sewer & trash are sub metered. The property consists of 7 park owned homes, 4 homes that have rent to own contracts, 5 apartments and 10 tenant owned homes. IMMEDIATE UPSIDE IS TO FILL THE 7 PARK OWNED HOMES EITHER BY RENTING THEM OR CREATING RENT TO OWN CONTRACTS. THE LAST RENT RAISE WAS 1/1/2011.
The seller will require any purchaser to provide her with the ability to check on their credit rating with the three major credit bureaus and also she will want to review the last 2 years of personal tax returns and see a standard and customary financial statement.

The park has footage on Grand Ave. & the entrance is on 61st Ave. just north of Maryland Ave.