M2K Partners_Jackson MHP update 080920

This week M2K Partners were working on 3 hot leads and discussed due diligence and considerations on each one. One of three we decided to ultimately pass on. Jackson MHP update: 3 more tenants have been welcomed to the park,…

M2K Partners_Jackson MHP update 080920

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This week M2K Partners were working on 3 hot leads and discussed due diligence and considerations on each one. One of three we decided to ultimately pass on.
Jackson MHP update: 3 more tenants have been welcomed to the park, making it 61 from 35 that we started the year with; otherwise electrical sub-metering continues with park now replacing each individual electrical panel for residents thus upgrading to 100 AM, which is a $20,000+ project in itself. Investing in park’s infrastructure as a part of the turn around plan with expectation to refinance into a permanent loan in the next 4-6 months.

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