Contact Information
Kris Wessel
NAI Martens
Mobile Home Park Details
- Price: Call for Price
- Purchase Method: Cash, New Loan
- Cap Rate: 9.3%
- Listing ID: 6734309
- Posted On: Sep 23, 2024
- Updated On: Oct 1, 2024
Description
Attractive and well-managed RV park located in Wichita, Kansas. The property features all public utilities. This location is centralized to many of Wichita’s employment centers, so it boasts a substantial history of strong demand and dependable revenue, throughout the current owner’s holding period. The tenant base is primarily extended stay, and the property features an on-site laundry and WIFI system. Finally, this RV community is located adjacent to a QT (QuikTrip) convenience store, which provides campers an excellent offering of food, fuel and beverages. It serves as a great amenity that the park does not have to staff or maintain. Recently, the property has diversified its offerings with furnished short-term rental units - tiny houses. The interiors of their STR’s are incredibly well-decorated and smartly appointed, resulting in attractive revenues and occupancies from that business component.
Location
Highly visible on both K-15 Hwy and on 31st Street S, with close proximity to Interstate 135 (I-135). Located in the Wichita Metro (645K Metro Population). Limited supply of RV parks in this area with high occupancies across the entire market.
Amenities
- Laundromat
Park Information
Community Type: | All Age |
Total Occupancy: | 98.5 % |
Average MH Lot Rent: | $430 |
Size: | 6 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |