WICHITA MOBILE HOME PARK
Asking Price: $1,100,000
- MIDWEST 100,000+ POPULATION AREA (MSA)
- 50+ SPACES
- 43 OCCUPIED
- $245 (CURRENT LOT RENT) $260 (INCREASE WILL TAKE PLACE 9-1-20)
- Rent is scheduled to be increased 9-1-20: $260
- 4 RV’S
- 9 park owned homes
- GRAVEL ROADS
- PARK PAYS: (WATER, SEWER, TRASH)
- 5 ACRES (PARK) 15 ACRES (UNDEVELOPED) 20 ACRES TOTAL
- LOTS ARE BIG ENOUGH TO PUT 16’X80’ HOMES ON THEM
- RENT ROLLS AND DOCUMENTS FOR THIS COMMUNITY ARE AVAILABLE UPON AN EXECUTED NDA
NOTES: THE PARK IS NOT PERFORMING VERY WELL UNDER THE CURRENT OWNERSHIP: IT IS CURRENTLY PRODUCING $9,000 IN NET INCOME ON THE P<HE OWNER IS STATING THAT THE REASON FOR THE LACK OF NET INCOME IS BECAUSE OF THE AMOUNT OF IMPROVEMENTS THAT THEY HAVE BEEN MAKING ON THE PROPERTY, AND ALSO SOME PERSONAL EXPENSES BEING ADDED TO THE PARK EXPENSES.
IF INTERESTED IN THIS PROPERTY PLEASE CONTACT ERIC LINDSEY AT THIS NUMBER
913-369-6726