HUGE CASH FLOW OPPORTUNITY. Don't miss out on this deal. Only $12,411 per space. At 90% occupancy these parks throw off $149K+ per year in gross cash flow. Expenses currently are $45,331 per year. Pro-Forma NOI of $99,629 puts the cap rate at 23.61%. Oak Haven has 25 park owned mobile homes with 26 spaces and Sante Fe has 7 park owned homes with 8 spaces. 32 park owned homes total. This will be a cash cow, but needs good management to maximize your return. Very little work is needed to rent the empty units, just someone who cares.

This deal must be all cash and close quickly. No seller financing is available.