Contact Information

Mobile Home Park Details

  • Price: $375,000
  • Purchase Method: Cash
  • Listing ID: 2570917
  • Posted On: Apr 22, 2023
  • Updated On: Mar 21, 2024

Description

Established mobile home park in southern Kansas. 37 lots on 3.2 acres serviced by city water, city electric and a lift station that feeds into city sewer. There is an underground storm shelter located in the center of the park. Currently 15 trailers on site. Located close to recreational facilities, and a school. This property could conceivably be turned into a tiny home community.

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Park Information

Community Type: All Age
Number of MH Lots: 37
Total Occupancy: 34.0 %
Year Built: 1973
Average MH Lot Rent: $140
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $23,255
Operating Expense: $7,867
Net Operating Income: $15,388
Expense Ratio: 33.8 %

Lot Information

Singlewide Lots: 25
Doublewide Lots: 12

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City