Average Gross Income: $260,000
Average Expenses: $95,000
Average Net Income Before Debts: $165,000
ROI: 8.25%
Park Size: 11.37 acres
City Water, City Sewer.
No Park Owned Mobile Homes.
This mobile home park is located in the central of Dodge City, Kansas.
It has 78 mobile home lots and currently has 70 tenant owned mobile home occupying lots. Monthly lot rent is $320 which includes city water, city sewer and trash services. Rent wasn't increased last 3 years and is due for another $15 increase. 3 vacant lots can accommodate single wide mobile homes for additional rental income. Low management and maintenance cost.
Dodge City has 2 major meat processing plants which employ about 5000 workers and stable employment for past 50 years.