For more information please call Gorial Realty LLC at 1-(866) 66 PARKS 1-(866) 667-2757

An "C" Park is:       

Typically a middle of the road type community, it has decent roads and decent lot sizes, there may be some tight spots here and there but for the most part you should have no problem getting homes in and out. You may have an inner row or a section of homes that can only hold mobile homes that are no longer in mainstream production. It may or may not have sidewalks, most homes in this mobile home park for sale will have home less than thirty years old. This community typically has good drainage but certain parts of the community may flood from time to time. It will possess an average occupancy and payment history, however in the case of a C community, you may very well be looking at a B- community that has vacant homes with missing skirting and junk laying around that shouldn't be there. This community should have a normal expense factor but it is not mandatory and could have expenses that are higher than normal. This park may have older water lines and older sewer lines. This park will typically have a simple entrance and sign.  Amenities in a "C" may simply be a laundry facility and playground, or just one of the two. You may see some missing skirting but very little, if any, in this type of community. The difference between this park and say a "C+" maybe the difference between vacancy factors, or a superior location or some other factors such as private systems etc. A "C" park will typically be a community with a decent pride of ownership. The caution here is to realize that you may be getting into a diminishing return. Remember that attrition occurs with tenants as older homes get older and decrease in value. Eventually the 30 year old home is no longer something that is difficult to abandon as it would be in a home that has just been purchased brand new off the sales lot. Something to keep in mind before purchasing. The key to doing this is to perform a good due diligence.

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For more information please call Gorial Realty LLC at 1-(866) 66 PARKS 1-(866) 667-2757