Contact Information

Kris Wessel

NAI Martens

Mobile Home Park Details

  • Price: Call for Price
  • Purchase Method: Cash, New Loan
  • Property ID: 1188395
  • Posted On: Feb 7, 2020
  • Updated On: Jun 2, 2020

Property Description

Lakeview is a best-in-class 281-space manufactured home community with a superior amenity package for its residents. The community features a newly renovated 2-story brick clubhouse that overlooks a 24-acre lake and sand beach. Inside is the management office, plus a community room, and a large game room / lounge that overlooks the lake. The property has direct bill public utilities, except for trash and lawn care, which are provided by the community. Current ownership has infilled the property with new housing stock, with a projected occupancy of over 82% by closing. Lakeview is a stabilized asset that has further upside through infill.

Location

Located on MacArthur Road, with visibility to I-135, in Wichita, Kansas. Wichita is the state's second largest metro area, with a population of more than 660,000 residents. Area economic influences include aviation manufacturing, health care, agriculture, together with major presences by the two largest privately held companies in the world - Koch Industries (headquarters), and Cargill (protein division).

Amenities

  • Club House
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Park Information

Community Type: All Age
Number of MH Lots: 281
Total Occupancy: 76.5 %
Average MH Lot Rent: $370
Size: 80 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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