Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Listing ID: 2773893
  • Posted On: May 3, 2023
  • Updated On: Sep 6, 2023

Description

Looking for an investment! This is it. This mobile home park is in Garden Plain Kansas. All three of the large double wides are owned
by the park and transfer to the new buyer. Lot 4 Rents for $895 a month. On this lot sits a 76X28 double wide. This double wide has
over 2,128 ft sq and sits on a permanent foundation. This home was built around 2003. The home was put on this new foundation in the
last three years. Lot 2 Rents for $820 a month. On this lot sits a 2009 Skyline double wide. Its 56X28. This double wide is right at 1568
square feet. Lot 1 leases for $750 a month. On this lot sits a 1998 Fuqua double wide. Its 39X28. This double wide has right at 1092
square feet. In the last three years this home had the roof replaced, siding replaced and a new ac. Seller believes all rents could be
raised $100-$200 a month per trailer to get to market rent. There are actually 4 lots in the park. But two of the double wides would need
re positioned to successfully bring in another home.

Location

Just 10 minutes west of Wichita Kansas.

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Park Information

Community Type: All Age
Number of MH Lots: 4
Total Occupancy: 100.0 %
Year Built: 2009
Size: 0 acre(s)

Financial Information (Actual)

Gross Income: $2,465

Lot Information

Doublewide Lots: 3

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 3
Average Rent for Park-owned Homes: $800

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