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cant sell 50 space mobile home park on 5+acre. Appraisal was $450,000. a few years ago. Only got 10 rented do to crunch by town over new regulations. Wont allow us to rent any of them, unless all used m.homes have good improvements, & replaced at the more safe distances. It’s an Older park. Owner died leaving no management money.Taxes $6000. a year. new inherities egar to sell. Place is in hurrian & tornado territory. No lean on property. Just will owe lawyer fee. Can you advise how to get it sold, without further investment. Banks wont loan to a new buyer, since what m.homes now rented., isn’t earning enough to make its payments. Thanks if you can advise,, |
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em' sayles