CLK COMMUNITIES INVESTMENT PARAMETERS
We acquires manufactured housing community and park model / recreational vehicle resorts (both “family-oriented” and “age-restricted”) that have the following characteristics.
- We purchase parks in the following states: Virginia, Maryland, Florida, Pennsylvania, North Carolina and Texas.
- Our target size is parks with between 30-80 spaces, will consider larger and smaller parks for the right opportunity.
- Transaction Size – $500,000 – $2,000,000
- Park owned mobile homes are not a problem.
- Private or Public utilities are acceptable though Public is preferred.
- Opportunities focused on value creation over a longer hold as opposed to “flips.”
- Terms: Cash, Owner Financing, Land Contract, or Lease/Option