Two (2) Manufactured Homes for sale. Unit 1 is a 3/2 with 1216 sq ft. – Rents for $1,200 per month. – Unit 2 is a 2/1 with 700 sq ft. – Rents for $1,000 per month Tenant Occupied – Do not disturb tenants, enter gate or knock doors without an appointment. **Net Income Capitalization Method — (NOI) $20,000 annually — 10% Capitalization Rate — $200,000**……**Gross Rent Mulitplier (GRM) Method — At a GRM of 8: Value = $26,400 x 8 = $211,200**