39-space Mobile Home Park: 18 park-owned MHs (5 of which are vacant); 6 tenant-owned MHs; 15 vacant spaces. All utilities direct-billed to tenants. Tons of upside here, starting with those 5 vacant park-owned units. 3 are rent-ready, the other 2 need minor repairs. Fixing & renting these 5 units bring the proforma Cap Rate up to 10.7%. We're running it now and can continue to do so for the new owner.