This "mobile home park" constitutes 11 separate lots, each with one mobile home on it. So 11 mobile homes. All park-owned. Just bought a newer home in the process of being installed. Certificate of Occupancy to be obtained imminently.
Average rent is about $500/month per home.
One of the home was completely rehabbed. But they are older homes, so maintenance expected.
With a GOOD manager, this property can bring in $50k NOI easily.