Main Photo
Main Photo
Home at Sage MHP
Home at Sage MHP
Looking down the roadway at Sage
Looking down the roadway at Sage
Home at Gaslight Village
Home at Gaslight Village
Home at 4U MHP
Home at 4U MHP
Sample home at Western South
Sample home at Western South
Western South
Western South
Main Photo
Home at Sage MHP
Looking down the roadway at Sage
Home at Gaslight Village
Home at 4U MHP
Sample home at Western South
Western South

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.2%
  • Listing ID: 411225
  • Posted On: Oct 21, 2013
  • Updated On: Dec 5, 2023

Description

Package of four MHP's in Liberal, Kansas (336 Spaces). Seller has made recent improvements to signage, fencing, and water line repairs, plus they've implemented a lot rent increase to $300 per month for all tenants. No park-owned homes here - just lot rent. Overall occupancy is 87.5%. Please complete the confidentiality agreement to get the financials and our marketing package.

Location

Liberal shows very strong market conditions for affordable housing. I drove the other three large MHP's in Liberal (October 2013) and found two of them to be completely full - no vacant pads. The third property had only three vacant sites.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 336
Total Occupancy: 87.5 %
Average MH Lot Rent: $300
Size: 54 acre(s)

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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