Posted by Tony Colella on May 28, 2007 at 12:44:59:
You told us just about everything but what is important… the numbers. The park is a cash flow vehicle and without the numbers no one can begin to tell you how they value it.
10 wides will trigger greater due diligence concerns in regards to your ability to replace them with larger homes. Do the lot sizes prohibit larger homes? Does set backs prohibit larger homes? Well/septic? Grandfathered homes you cannot replace or active mobile home park zoned with the ability to replace homes?
So much to know before one can value a business, least of which is what it looks like (that comes later).