JF3741: Mobile Home Park Value-Add Deal Deep Dive: Turning a $1.3M Contract into a $650K Purchase ft. Amanda Cruise
The Best Ever CRE Show
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Navigating Mobile Home Park Negotiations
This chapter explores the intricate process of negotiating the purchase price of a mobile home park, detailing a dramatic drop from a $1.3 million contract to $650,000. It emphasizes the importance of understanding financing options, cash flow, and property valuation while uncovering unexpected dynamics involving ownership and joint ventures. Additionally, the chapter offers insights into effective strategies for managing and selling mobile home parks within a broader investment portfolio.
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