Property

Fully occupied and stabilized 9 unit mobile home park with 6 park owned units and 3 tenant owned units. Significant opportunity to push ground rents to increase NOI. Currently offered at a 10.44 cap rate. Current owner completed significant renovations to park owned units in ''23 and ''24. Proforma cap rate between 11-12 with only modest increases to monthly ground rent. This investment opportunity offers great returns with relatively hands off management.