Listed by NAI Martens
$2,500,000
Well-Located, Stabilized Kansas MHC - 46 Spaces
Details
Property Type Mobile Home Park
Pads 46
Cap Rate 7.20%
Occupancy 97.8%
Acreage 6.310
Zoning MP - Manufactured Home Park District
Investment Type Stabilized
Well-Located, Stabilized Kansas MHC - 46-Spaces
Marketing description
PRICE REDUCED. 46-space mobile home community with all public utilities. This is a stabilized investment, with recent cap ex for home renovations and many new concrete driveways. Most of the roads are maintained by the city (asphalt). Concrete roads are park-owned.
Ottawa is in close proximity to Lawrence, KS and the Kansas City Metro. The Ottawa Metro itself has a population of just over 12,000 residents, and it is home to two large distribution centers and several manufacturing companies. It also serves as the county seat for franklin County, making it a hub for government and educational employment sectors.
Investment highlights
- All Public Utilities
- 97.8% Occupancy
- Lot Rents are $425 to $450
- Entry Signage, Onsite Office, Maintenance Building
- Nearly Zero Vacancy in MHC's in Ottawa
- Only 25 Minutes to SW edge of KC Metro and BNSF Intermodal
Listing Contacts
Listed by NAI Martens
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