Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Doublewide Lot
Late Model Homes Throughout
Late Model Homes Throughout
Late Model Homes Throughout
Night View, Note Shed and Trash Enc.
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.5%
- Listing ID: 789514
- Posted On: Mar 3, 2017
- Updated On: Dec 5, 2023
Description
One of the nicest communities in this market. Seller owns 43 spaces in this land condominium community (HOA majority), with 35 of the homes being late model park owned rentals. This park has quality infrastructure developed in the late 1980's, with direct-billed electric, gas and water/sewer. The HOA provides trash service, snow removal, mowing of common areas, and collects reserves for road maintenance.
Location
Located on the southwest side of 47th Street S and Meridian. Wichita is the largest city in Kansas and has a large manufacturing workforce. The property is in close proximity to I-235, a major commuting route in the city.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 43 |
| Total Occupancy: | 95.0 % |
| Average MH Lot Rent: | $310 |
| Size: | 11 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
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