Hernando, Florida --Ordered sold by lender, five mobile home parks consisting of approximately 424 mobile home sites and amenities will be auctioned on May 9, 2002 at 12 Noon. Investors and developers alike will find this exciting auction a rare opportunity to obtain valuable, income-producing real estate in southern Florida. Steady cash flow, low maintenance, and appreciation in value over time cause mobile home parks to be in high demand and short supply, making this an incredible investment opportunity.

Groveland Mobile Home Park, located in Melbourne (Brevard Co.) on 18.58+ AC, consists of 100 mobile home pad sites, a fenced vehicle storage site, clubhouse/laundry building, fenced pool, and playground.

Hollandale Mobile Home Park, located in Melbourne (Brevard Co.) on 5.22+ AC, consists of 52 mobile home pad sites, 5 RV pad sites, and a laundry building.

Lakeshore Mobile Home Park, located in Pembroke Park (Broward Co.) , surrounds a small lake on 8.19+ AC and has 100 mobile home pad sites, with an impressive 94% occupancy rate.

Sunnydale Mobile Home Park, located in Hallandale (Broward Co.) on 5.17+ AC, consists of 64 mobile home pad sites and boasts an 89% occupancy rate.

West Gate Mobile Home Park, located in Cocoa (Brevard Co.) on 21.76+ AC, consists of 108 mobile home pad sites, a clubhouse building, laundry facility, swimming pool, and fenced vehicle storage site.

All five parks have paved streets and access to all utilities. These five properties will be offered in any combination during the auction, which will take place at the Hilton Fort Lauderdale Airport Hotel, 1870 Griffin Road, Dania Beach , FL at 12 Noon on May 9.

"This auction offers one of the most popular real estate investments in Florida: mobile home parks. Each one of the five parks has good cash flow, plus room to add more units to produce additional upside potential," says Walt Driggers, President of Tranzon Driggers, located in Hernando , FL. "The three Melbourne-area parks are close enough that one buyer could easily manage all of them. The Miami parks offer the same close proximity advantage. Potential buyers will be both individuals who want a 'cash cow' or the serious mobile home park expert who wants to add a few hundred sites to their portfolio."

For further information on this auction, contact Tranzon Driggers at 1-352-726-1047 or view properties online at www.tranzon.com and refer to auctions FX1220, FX1221, FX1222, FX1223, and FX1224. Tranzon is the country's first truly national auction firm, providing services from coast to coast.