See attached Executive Summary: HUGE UP SIDE POTENTIAL IN THIS PARK. SELLING NO BLUE SKY. The park consists of 12.6 acres total. 113 spaces various lot sizes, 24-park owned homes, asphalt roads, city water , sewer is a Permitted Waste Treatment Facility located on site. 38-spaces are occupied of that 24-spaces occupied by park owned homes.
Income units consist of 113 Lots and 24-homes for a total of 137 income producing units.
The park is located on 12-deeded acres, no zoning restrictions, roads are asphalt, water is rural and is sub metered tenant paid, sewer is a permitted activated sludge system there is licensed operator the operators fee is $400.00 per month, electric is sub metered tenant paid, gas is sub metered tenant paid, lot sizes average 35 x 80, small portion of park is in 100 year flood zone, 5-spaces will accept RV's, amperage to sites 100 to 200 AMP. Pittsburg population 62,000 +/-, households 25,000 +/-, average income $38,000 +/-, 94% white, 1.12% black, 4.9% other, median housing value $56,000 +/-, employees 25,000 +/-.
Average market rent for lots $170 to $200, average C,D & F rental single and multi-family $250 to $650.
Sign and return the attached CA for income and expense 2012 to June 2015.