Southside Mobile Home Park is a 24-pad affordable home community located on 2.70 acres in Ellinwood, KS. The park was developed in the 1970's. The property is zoned Residential (MHP) and the park is presently in compliance. The park is not located in a flood zone. The park has both a manager and a maintenance man, and the seller believes that both parties would have interest in continuing this arrangement with the next ownership group.

The size of the pads are approximately 40 x 85. There are no vacant trailers that need to be removed from the premises. Of the 24-pads in the park, 17-pads are occupied. Six are TOH's averaging right at $203/month, ten are POH's averaging $404/month, two are vacant POH, and six are vacant pads. The rent for both the TOH's & POH's was increased on May 1st, 2023. Twenty-two out of the twenty-four pads can accommodate trailers or RV's (two are considered to be non-rentable). The park utilizes leases however not every tenant in the park is under a current lease. Currently one tenants is behind in rent. Tenants pay rent by money order at the present time. The park has titles for most of the POH but not all of them.

CITY WATER & SEWER!!! The underground water & sewer pipes are made out of PVC. The amperage of the electrical pedestals was not provided. The park has electric meters & gas meters to each pad. The tenant is direct billed by the provider. The park is currently paying for the water bill so adding meters might offer a value-add component for the next owner. The roads through the park are gravel and are considered to be in "good" condition by the current owner. The park is responsible for maintaining the roads in the park. The tenants are responsible for mowing their own space. The park mows the empty pads and common spaces. The tenants takes care of snow removal (as needed). The park pays for garbage (dumpster).

The current owner has owned this park since November of 2021. Since he has purchased this park he has cleaned it up and
renovated seven trailers. His current loan is not assumable and he is not interested in offering any seller financing.

The owner of this park is also selling another park that is just ten miles away in Great Bend, KS (54-pads on city water & city sewer). He would prefer to sell both parks as a portfolio, but will entertain
individual offers on them.

MR. LANDMAN, LLC is a licensed real estate firm in the State of Kansas under LIC#CO00003312. Jonathan Fisher is a licensed realtor in the State of Kansas under LIC#00247140.