| Contact Information |
Larry Winkler
lwinkler@htc.net
314-267-5280 |
|
| Park Location |
Lakeland Estates MHP, LLC
4808 Paradise Road
Mattoon, Illinois |
|
| Maximum Home Size |
14 x 80 |
|
| Lot Rent |
$ 220 |
|
| Quality of Park |
Fair |
|
| Lot Sizes |
40 x 90 |
|
| Age Requirement of Homes |
1980 or newer |
|
| Lot Spred Delta ( $495-Mthly Lot Rent) |
$ 275 |
|
| What Utilites do the tenants pay |
All |
|
| Average Cost of Utilities |
Water $ 15 - Gas $ 50 - Elect
$ 50 |
|
| What cash incentives are you willing to give
someone moving in |
Free Lot rent during
rehab/vacant/non-payment /eviction |
|
| Reduced Rent or % after Home Sold |
$ 200 |
|
| For How Long |
1 year |
|
| Will you offer No rent if Vacant |
Yes - Free rent until
re-rented or sold |
|
| Offer "Done for You" |
Yes |
|
| Do you have homes for selling or giving to
investors |
Yes |
|
| If so, how many |
5 older Homes available |
|
| Terms |
Some would be free to lonnie
dealer; other availabe for done for you |
|
| Are there homes for sale in the park |
Yes by community itself |
|
| Average Home sale price in park |
1970 - 1980 $3500 - $5000
1990-2007 $ 5000 - $ 25000 |
|
| Do buyers typically pay cash or terms |
Terms RTO |
|
| Average 2 bd Apartment rent |
$ 475 |
|
| Average 3 bd Apartment Rent |
$ 550 |
|
| How much of a down payment do you est. buyers
have |
$ 500 |
|
| How many calls per wk do you get for home- rent
or sale |
5-10 |
|
| Are there many homes for sale in your market |
Some |
|
| Describe average price of homes 1970-2000 1-4
bdrm |
|
|
| Is there someone onsite |
Yes |
|
| Manager or Owner |
Manager |
|
| Will they - Show Homes |
Yes |
|
| Sell homes |
Yes |
|
| Collect Rents |
Yes |
|
| Rehab homes |
No |
|
| Credit Background checks |
Yes |
|
| Are you willing to Purchase home notes if needed |
Possibly |
|
| Notes |
This situation would definatly be a win-win for
both it fills my vacant pads, while lowering the risk to the
investor, in addition we are willing to handle every aspect from
rehad to collection an even setup with units moved in. In
addition no payments are made to the MHP to get them rented or sold. |
|