This is an excellent opportunity to purchase a 33 unit, 55 + older park with city water and sewer. The park was converted to a 55+ community a few years back. The Value-Add is to implement an aggressive sales program to boost occupancy and start increasing the rent yearly to get in line with the other parks in the area. This property is extremely well maintained and would attract ideal tenants if a sales program was put in place. In addition, the city of Pulaski’s job growth is projected to increase by over 30% in the next 10 years. If park had all the sites rented at the current rent, cap rate would be 14%, not to mention the effects of a rent increase every year, for the next several years.