Posted by Joe C. (AR) on September 07, 2003 at 01:23:57:
I have had a 43 space park for 9 years. If that 2k/mo is net to you after “all” expenses including management and debt service, I’d say that’s great for a park that size. Usually a small park (less than 75 spaces)doesn’t net enough to pay for management and provide a decent return on investment. Make sure that you are accounting for “all” expenses.
Just my .02
Joe C. (AR)