Mobile Home Park Details

Cap Rate: 8.5%
Listing ID: 1608917
Posted On: Feb 18, 2022
Updated On: May 17, 2022

Description

Country Mobile Home Park is a 32 site all-ages opportunity located 5 minutes south of downtown Emporia, Kansas. The park has healthy cashflow from 26 renovated and occupied park owned homes and 4 tenant owned homes.
Additional value-add is available through utility billbacks, infill on 2 vacant pads (1 empty, 1 abandoned home), and development of 6 acres of included MH zoned land.

Location

The city of Emporia is located at the midpoint between the Kansas City and Wichita MSAs on Interstate 35. Country Mobile Home Park is located in a quiet community 5 minutes south of downtown.

Emporia is home to Emporia State University and Flint Hills Technical College, and a host of other established employers including Hostess Brands, Simmons Pet Foods, Newman Regional Health, Unified School District #253, Detroit Diesel Remanufacturing, Camso Manufacturing USA, Lyon County Government.