** Update 4/19/2017 actual monthly income is increasing by $1,798.49 monthly- or $21,581.88 by 5/17.
This property sits on a little over 9 acres and has 76 total sites. There are 3 stick built homes, and 73 total mobile home sites. The park has private utilities, a well with a nitrate filtering system, and its own packing plant. 2016 income was $175,640 and the NOI was $50,992. The park currently has 30 sites rented.
As we complete homes to sell, we receive 3-5 inquiries per day off craigslist ads. There is no shortage of people wanting to purchase homes in this market. This park needs an owner that is willing to put in the effort to renovate the empty homes, or pull in now home to sell. The current owner is selling due to pressing family matters, that currently do not allow for the active management this park needs to be completed correctly. Someone will make a pile of money finishing this park.

Occupied
10 Space rent only lots
3 stick built rental homes
6 rental mobile homes
11 homes sold on lease / option contracts

pending 5/1/2017
3 mobile homes finished, sold and closing prior to 5/1/17 (lease / options)

34 homes in the rehab Que- *** Now 31 homes in the Rehab Que

With solid management and a solid rehab person, the park can fix and sell at least 1-2 homes per month.
I am not actively managing the park, thus it is not increasing occupancy as it would if someone was managing the park correctly.