Dear DG members,
I live in Kansas and I have an opportunity to purchase a mobile home park in a small town.
I would like to know if there are any of you out there who are interested in forming a partnership with me and purchasing this asset.
Please, if you think you hate the idea or are interested, read up on the asset class. Just google it and see what you can read.
This park is only 57% full and is marketed for 900,000. In the course of about 2-3 years we could stand to double the value of this property and increase monthly cash flow substantially.
It could pay out in 7 years with some collaborative effort, and generate close to a quarter million a year after that.
Anyone interested please let me know as this is a good deal for anyone willing to pony up to the adventure. It will be a sure fire money maker!