Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1188395
- Posted On: Feb 7, 2020
- Updated On: Sep 8, 2020
Description
Lakeview is a best-in-class 281-space manufactured home community with a superior amenity package for its residents. The community features a newly renovated 2-story brick clubhouse that overlooks a 24-acre lake and sand beach. Inside is the management office, plus a community room, and a large game room / lounge that overlooks the lake. The property has direct bill public utilities, except for trash and lawn care, which are provided by the community. Current ownership has infilled the property with new housing stock, with a projected occupancy of over 82% by closing. Lakeview is a stabilized asset that has further upside through infill.
Location
Located on MacArthur Road, with visibility to I-135, in Wichita, Kansas. Wichita is the state's second largest metro area, with a population of more than 660,000 residents. Area economic influences include aviation manufacturing, health care, agriculture, together with major presences by the two largest privately held companies in the world - Koch Industries (headquarters), and Cargill (protein division).
Amenities
- Club House
Park Information
Community Type: | All Age |
Number of MH Lots: | 281 |
Total Occupancy: | 76.5 % |
Average MH Lot Rent: | $370 |
Size: | 80 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |