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Contact Information

Mobile Home Park Details

  • Price: $159,000
  • Cap Rate: 10.2% (Actual)
  • Listing ID: 7055504
  • Posted On: Jul 14, 2026
  • Updated On: Jul 14, 2026

Description

Uptown Park is a 6-lot manufactured housing community that also includes a one-bedroom single-family home, creating a diversified income. The single family home has been remodeled, providing a low-maintenance asset for new ownership.

Current lot rent is $200 per month, with water, sewer, trash service, and common area mowing included. This presents a clear value-add opportunity for new ownership to increase rents toward market rates over time while implementing utility bill-backs to tenants, reducing operating expenses and improving net operating income.

The park-owned home currently generates an additional $270 per month above lot rent.

The single-family home is currently leased for $520 per month, slightly below market rent, providing another opportunity to increase revenue through future rent adjustments.

With below-market rents, utility reimbursement potential, and multiple avenues for income growth, Up Town Park offers investors an attractive value-add opportunity with stable in-place cash flow and long-term upside.

Below Market Rents

Park-owned Home income above lot rent: $270

Single-family home income: $520

Utility recapture potential

Remodeled Single Family Home

Well maintained park-owned homes

55+ current tenant base

Location

Nickerson is located in Reno County, Kansas and has a population
of 1,060 residents. Nickerson is located 15 minutes from South
Hutchinson, KS which has a resident of roughly 40,000. This offers
residents at the community a small town feel, with easy access to
employment and amenities in the surrounding area.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 6
Average MH Lot Rent: $200
Size: 1 acre(s)

Financial Information (Actual)

Gross Income: $19,920
Operating Expense: $3,598
Net Operating Income: $16,322
Expense Ratio: 18.1 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 2
Average Rent for Park-owned Homes: $270

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