Serinity MH Community, 35 LOTS ON CITY WATER AND CITY SEWER. $350k Yes, the income does not justify the price. You are buying a value added community. There are 35 lots on city water and city sewer, a rarity. Everything is billed to the tenant from the city. You have no utilities. Presently there are 8 tenants with 7 TOH. Lot rents are far below national average, $150. There is HUGE upside to this deal by bringing in new homes and paving roads. Let me show you how to create a $1.1M valuation in this community, not including the value of the new homes. To be successful, you will need at least $300K CAPX. $270k to purchase homes, $10k dwn and $25K for paving. This park cannot be banked. I can show you how to get homes direct from the factory, delivered, set, blocked and leveled for around 10K dwn. For More Info Click Here..
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