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Contact Information Chuck Meek
Park Location University Estates - Jacksonville, AL
Lenlock Mobile Home Park - Anniston, AL
Maximum Home Size    
Lot Rent $ 180  
Quality of Park Very Good  
Lot Sizes 16x80's fit on 90% of the lots  
Age Requirement of Homes 1982 or newer  
Lot Spred Delta ( $495-Mthly Lot Rent) $ 315  
What Utilites do the tenants pay Water, Power, Cable  
Average Cost of Utilities $ 150 - $ 300  
What cash incentives are you willing to give someone moving in $ 1,500 in free lot rent  
Reduced Rent or % after Home Sold Maybe  
For How Long Would need to discuss the specifics.  
Will you offer No rent if Vacant Vacant yes. Evicted: depends on how long that takes
30 days: Note: If the investor lets us market the home we can fill it quickly.  It's very rare we have a vacancy that long.
Offer "Done for You" Yes  
Do you have homes for selling or giving to investors Selling yes. Giving no. We have nice homes.  
If so, how many We have 50-60 mobile home in 4 parks.  
Terms Price and term would vary.  Not enough room here to discuss.  We'd talk with the investor and try to match the homes to the return they require.  
Are there homes for sale in the park Just the ones we have on the market.  I think right now we have 3 16x80 3/2's on the market.  But this changes all the time.  
Average Home sale price in park $10 - $ 20 K  
Do buyers typically pay cash or terms Terms.  We've had some cash buyers but that's normally for older homes.  
Average 2 bd Apartment rent $ 475  
Average 3 bd Apartment Rent $ 675  
How much of a down payment do you est. buyers have $ 1500 on avg.  
How many calls per wk do you get for home- rent or sale 50-75  Most we direct through our site.  
Are there many homes for sale in your market I don't see many when I drive other parks.  We have some of the best parks in the area.  The junky parks have more for sale I'd say.  
Is there someone onsite A greeter.  I manage the parks and drive through them a few times a week.  
Manager or Owner Not on site.  
Will they - Show Homes Yes  
Sell homes Yes  
Collect Rents Yes  
Rehab homes Yes  
Credit Background checks Yes  
Are you willing to Purchase home notes if needed Possibly  
Notes We're not newbies.  I'm 46 and bought my first apts when I was 25.  Have had parks since 2004 and love them.  We are only considering selling some homes/notes to reinvest in other parks we'd like to buy.  So we are committed to this business.  We have an excellent reputation with all 4 banks we work with and long list of references we've bought parks and homes from.  Credit scores right at 800.  We believe in a win-win scenario and will be the eyes and ears for the investor.  

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