No banks needed - owner will consider financing with 25% down - credit report with a score must be submitted with all offers - and proof of funds 21 sites on 5 acres - additional land is available (about 30 acres) lot rents are $280/mo as of 1/1/10 - tenants get $30 discount if paid by 7th park was built in 1969 - 2 wells - galvanized water lines - pump house with newer chlorinator and meter - new pump installed in well 1 and new pressure tank added in 2009 - self contained septic system - 9 holding tanks drain to transfer pumping station equipped with 2 pumps to move liquids to leach fields - new leach fields in 2008 ($9,700 cost) - electric was upgraded to 100 AMP services to all units in 2007 ($20,000 cost) - paving done in 2007 ($19,000 cost) lots are all at least 50x100 and will take doublewides - 18 lots circle a 160x90 common yard area - 3 additional sites are located just north with separate access drive several park owned homes are being sold on notes - these are included in the sale - approximately $22,000 in notes current rent roll at 1/1/10 shows about $5,157/mo gross income expenses are about $23,327/yr ----- net income is about $38,500/yr -----17% cap rate Contact Pax Realty LLC at 585-489-6903 Joyce June, Broker