FL MHC & RV Resort Brokerage

National MHC & RV Resort Finance, and Insurance Services

Looking to Buy or Sell an RV Resort/Manufactured Home Community in FL?

Hello, I'm James Cook and I would like to personally thank you for taking the time to visit my website. I'm a licensed Real Estate agent with Rockford Realty Group here in FL.

I specialize in MHC and RV Resort brokerage and finance. At any given time we are vending over $40 million of MHC or RVP properties. Whether you are looking to displace or acquire, I can definitely work with you to achieve a smooth and efficient transaction. We have closed over $110m in production during the past 36 months, for a total of almost 3,500 sites in parks from Tallahassee to Ft Myers. All of these transactions were in just this niche asset class. 

If you are serious about acquiring or displacing an RV park or MHC in FL of over 75 pads, then please call or email me directly today. My cell is 386-623-4623 and email is James@mhcseller.com.

We have a private buyers list of over 300 of the most aggressive, real buyers in FL. Our marketing process is completely confidential to only our pre-screened buyers. We have sold almost every property in this manner. We have also taken many properties that were on national websites, reformatted the data in a way an investor could understand it, and sold it that way as well.

BUT until you contact me you will never even see those opportunities.

We also offer following services for the asset class, with an emphasis on the FL market:

Financing: Our finance division closed two MHC loans in September 2010, with two more commitments issued by real lenders. We can get non-recourse loans done through FNMA or other sources at 5-6% rates for decent quality product. We have relationships with many life insurance companies, balance sheet lenders, and also do FNMA MHC loans. We also work with local lenders for smaller or hard to place loans. For instance we have a bank that will lend nationally on RV parks starting at $1m, we also just refinanced an all SW MHC that was very dense for 6.25% with one of our regional east coast lenders here in FL. We will work on any MHC or RVP loan, with stable income, of $1m with no problem doing $50-100m loans.

Programs range from 30 year fully amortized loans, to 20 years with 5 years fixed. Rates range from 4.5% to 7.75% on first mortgages, with 2nd, hard money and mezzanine financing going from 9-15%. Points range from .5% to 1% typically, again with nontypical programs for tough deals running more.

Call us today for a free valuation, analysis and rate quote. WE DO NOT WORK WITH LENDERS THAT TAKE HUGE APPLICATION FEES, JUST TO ANALYZE THE DEAL.

Insurance: we have an insurance affiliate out of AZ, that writes more policies for parks than any other agency because their competitive rates, and understanding of the industry. They currently handle over 4,000 parks nationwide which is almost a 15% market share. So if you would like to make sure your still getting a good deal we can have our associate get with you on an apples-to-apples quotation, just call or email.

Other services available include:

• Community Valuation - Weighing refinance or sale- PLEASE CALL US FOR A FREE VALUATION

• Resident Relocation - Closing a community, or have vacancies to fill.

• Used Home Brokerage - Homes to liquidate, or looking to buy pre-owned homes.

• Community Manager Location - Because the increase in park redevelopment, there are quite a few experienced people on the industry needing to be relocated.

• General Community Consulting - I am also at your disposal if you would like a 3^rd party analysis on your site and things you could do to improve the value and/or  income. Or if you are doing an acquisition and need a 2nd opinion.

Let's get together and talk about your MHP or MHP's Brokerage, Financing or Insurance needs. Call me at the office/cell phone (386-623-4623) or send me an email (james@mhcseller.com), we'll setup a time that is easy and convenient for you to meet. 

Regards,

P.S. If you're not ready to meet in person, please tour through my website. I'm sure you'll find the resources here useful and helpful. Enjoy!