10.3% Cap Rate based on lot rent only on 2013 financials. $10 rent raise in effect Oct 2014. 21% cash on cash return on current actual financials. Additional upside available in selling 2 park owned homes and filling 2 vacant lots.

All spaces are large enough to accommodate 16 x 80 and double wide homes. City water and city sewer in excellent condition. Direct billed gas and electric. Easy park to manage remotely due to good onsite management and city utilities.

Onsite manager can remodel MH's in the event that you want to buy used homes to fill the 2 vacant spaces.

Wichita is the largest city in Kansas with a steadily growing population for the last 100 years. Affordable housing is in short supply continuously putting upward pressure on rents.

Park is located just a 10 min drive from a major airport. This makes traveling to the park easy.

14 lots are located north of the lake and the remaining 40 lots are located south of the lake.

The large lots, excellent utility system, good tenant base, rising rents, good management, and a large and steadily growing population makes this a great investment for the long term.

Please do not contact tenants or management.

Contact seller for a full offering package

For sale by owner.

No Seller Financing

Thank You