Contact Information

Rick Hodge
Park Holdings Inc

Mobile Home Park Details

  • Price: $900,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Property ID: 2114434
  • Posted On: Mar 8, 2023
  • Updated On: Mar 8, 2023

Property Description

Sycamore Square is a 35 pad mobile home park in Wichita, Kansas. It is close to major employers, restaurants, and entertainment. Sycamore Square is currently comprised of 12 park owned homes, mostly 2015 and newer, and 2 tenant owned homes. Lot rent is $325 per month and rent for park owned homes ranges from $695 to $925 per month. There are three homes that can be rehabbed that are not included in the 12 listed above. There are two tenant owned homes. The property has public water and sewer. A new owner could implement a utility bill back for recapture. Owners have improved the water and sewer lines and have added newer 200 amp electrical service to much of the park. Possible seller financing or master lease for the right buyer.


1010 W 44th Street South, Wichita KS 67217

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Park Information

Community Type: All Age
Number of MH Lots: 35
Total Occupancy: 35.0 %
Average MH Lot Rent: $325
Size: 3 acre(s)

Financial Information (Actual)

Gross Income $113,280
Operating Expense $10,920
Net Operating Income $102,360
Expense Ratio 9.6 %
Debt Info

Lot Information

Singlewide Lots: 34
Doublewide Lots: 1
Triplewide Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $879

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