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SIX MOBILE HOME PARKS TAHLEQUAH OKLAHOMA 74464. OFFICE: 822 S MUSKOGEE AVE TAHLEQUAH OKLAHOMA 74464 918-506-4081 OFFICE MANAGER: AMANDA BAUGHMAN. 21403 S KEELER DRIVE PARK HILL OKLAHOMA 74451. EXPENSES:. EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00
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SIX MOBILE HOME PARKSTAHLEQUAH OKLAHOMA74464 OFFICE: 822 S MUSKOGEE AVE TAHLEQUAH OKLAHOMA 74464 918-506-4081 OFFICE MANAGER: AMANDA BAUGHMAN
EXPENSES: EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00 EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF . OFFICE: $1200.00 - POTION FOR EACH PARK MATERIALS ARE BUDGETED AT 5% OF GROSS. ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$244820.33 EXPENSES: $33200.33 VACANCY: $17220.00 NOI: $194400.00 20.46% CAP
VIDEO • https://www.youtube.com/watch?v=nXGBb3IBuy0&feature=youtu.be • https://www.youtube.com/watch?v=j-gx18enx3w&feature=youtu.be
EXPENSES EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00 EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF . OFFICE: $1200.00 - POTION FOR EACH PARK MATERIALS ARE BUDGETED AT 5% OF GROSS. ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$111264.00 EXPENSES: $28871.33 LESS VACANCY: $17040.00 NOI: $65352.67 10.98% CAP
VIDEO • https://www.youtube.com/watch?v=ffmlRfAO6bM • https://www.youtube.com/watch?v=3osiPjz1qX8
EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00 EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF . OFFICE: $1200.00 - POTION FOR EACH PARK MATERIALS ARE BUDGETED AT 5% OF GROSS. ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$153720.00 EXPENSES: $31227.33 LESS VACANCY: $40260.00 NOI: $82232.67 11.83% CAP
VIDEO https://www.youtube.com/watch?v=YOVbx5ypXts https://www.youtube.com/watch?v=y1cXG3lyqTo
EXPENSES EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00 EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF . OFFICE: $1200.00 - POTION FOR EACH PARK MATERIALS ARE BUDGETED AT 5% OF GROSS. ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$91080.00 EXPENSES: $23829.00 LESS VACANCY: $35040.00 NOI: $32211.00 10.92% CAP
VIDEO https://www.youtube.com/watch?v=C0VeKw9jKKc https://www.youtube.com/watch?v=-GYPQB5zDrQ
EXPENSES EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00 EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF . OFFICE: $1200.00 - POTION FOR EACH PARK MATERIALS ARE BUDGETED AT 5% OF GROSS. ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$65040.00 EXPENSES: $11961.00 LESS VACANCY: $28440.00 NOI: $24639.00 14.58% CAP
EXPENSES EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00 EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF . OFFICE: $1200.00 - POTION FOR EACH PARK MATERIALS ARE BUDGETED AT 5% OF GROSS. ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$151290.00 EXPENSES: $27264.33 LESS VACANCY: $31680.00 NOI: $92345,67 13.29% CAP
VIDEO https://www.youtube.com/watch?v=irI1sBjfOcQ
SUMMARY • TOTAL SALE PRICE: $3425000.00 • TOTAL NOI $491181.01 • 14.34% CAP • 206 LOTS – Based on lot rents only: • DIVIDED BY 130% vacancy = 158 RENTED X $265.00 = $41870 X 12 = $502440.00 DIVIDE X 140% EXPENSES = $358885.71 NOI= 12.17% CAP • 30 % down payment only. 6% interest fixed 20yrs. Approved financing – first lien – transfer of deed. 100 homes with lease to own notes for next five years – close to $1000000.00 bonus to buyer:- few as 25 homes vacant – Which about 10 needs repairs . • All 150 homes are free to buyers with this deal.