Huge Value add opportunity. Currently there are 21 tenant owned mobile homes. The park is approved for 72 homes. Plumbing and electrical are done for all 72 spaces. Electrical boxes would need to be installed from the main breaker that run throughout the park. Each pad has both water and electrical underneath it. The park has city water and sewer.

Lot rent is $175 a month and other parks in the area are north of $200. Loan offered is a 15 year term with a 5 year balloon at 6%.

Due to it's proximity to the Mexican-US boarder, there is a huge demand for affordable housing in this county. Five minutes to both Walmart and Lowes.

Please call me with any questions.

Dominic
586.524.8845