Try This And See If It Works… - Posted by Jack-NY
Posted by Jack-NY on June 14, 2000 at 22:07:31:
My personal opinion, I don’t like 55 and older parks. I find them hard to do business in. I find the market for senior parks are difficult to sell homes in, not to say you can’t make money in these parks.
It appears that you may have two strikes against you before you even start. A senior park, and two bedroom homes. However you may still be able to do business in this park. Contact the manager/owner and ask for a copy of the rules/regs, ask him what the cut-off year is for older homes, ask him if you up-date the homes if they could stay in the park.
Remember that if you have to move these homes you will have to figure in the moving cost, which is not cheap, $1100 - $1600 for complete move and set-up. You have to get to know the park manager/owners and see if you can work with them, if not you may have to pass on these deals, and move onto the next park.
Maybe this park just wants to remove the older homes and replace them with newer ones. Ask lot of questions, and speak to some of the tenants in the park, see what they have to say about the park and it’s owners.