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Robert from yahoo bd

12/31/23 7:14 PM

#780439 RE: stockanalyze #780409

I looked at a retirement community near the Jersey shore in the 1990's for some investors, as I recall the Investors own the land and they run the Park, the residents own the trailers or their homes and lease the lots plus amenities from the investors.

Typically good NOI with a healthy Cap Rate right from the beginning for investors.

https://www.caffreyloans.com/fannie-mae-mobile-home-park/#:~:text=Fannie%20Mae%20(FNMA)%20Mobile%20Home%20Park%20Loans%20offer%20long%20term,associated%20common%20amenities%20and%20infrastructure.