Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0%
- Listing ID: 865188
- Posted On: Oct 5, 2017
- Updated On: Dec 5, 2023
Description
110-space MHC in the Kansas City Metro. Located just off the I-435 exit with good proximity to nearby employers and retail services. The property is in the southern edge of the desirable Platte school district, making this a desirable location for families wanting good educational opportunities for their children, but still near city life.
The area shows good demand if additional homes were added to the property. The 13 POH included int he sale are all occupied.
Offered at an 8.0% cap rate on current income, plus the cost of the POH - this is a good buy for a value-add park.
FOR MORE INFORMATION, please complete and return the attached CA, or you may email me at kwessel@martenscos.com to request access to the online document vault.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 110 |
Total Occupancy: | 51.8 % |
Average MH Lot Rent: | $285 |
Size: | 14 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |