Contact Information

Mobile Home Park Details

  • Price: $395,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1383103
  • Posted On: Jan 22, 2021
  • Updated On: Feb 2, 2021

Property Description

Timber Creek Estates is a 38-space community on public utilities with asphalt roadways and concrete drives. If improved, this community could see substantially higher rents, with many local communities being in the mid to upper $300's. There is also upside available in this property through sub-metering of utilities and infill of the vacant spaces.

Location

Highly visible location with monument signage on MacArthur Rd, an arterial roadway that connects nearby to Interstate (I-135). With a metro area of over 600,000, Wichita is the second largest urban area in Kansas, with a diverse blue-collar workforce and a strong manufacturing base. Commonly referred to as the Air Capital of the World, Wichita has a very strong aviation cluster, including assembly for Spirit Aerosystems and Textron Aviation, plus countless subcontractors. Wichita has substantial employment from the two largest private companies in the world, serving as the HQ location for Koch Industries, and a regional headquarters for Cargill's protein division.

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Park Information

Community Type: All Age
Number of MH Lots: 38
Total Occupancy: 36.8 %
Average MH Lot Rent: $250
Size: 5 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0

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