Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Cap Rate: 9.9% (Actual)
- Listing ID: 570630
- Posted On: Sep 21, 2015
- Updated On: Dec 5, 2023
Description
Colonial Gardens Community located in Hays, Kansas. Extremely successful property with newly re-paved roadways. Highlights include 88% occupancy and a rent roll of over $42K per month. Partial seller financing available on the homes only, plus assumable home loans with Legacy Housing. Priced as 9.9% cap on the real estate, plus per-unit price on homes. Please sign and return the confidentiality agreement for more details.
Location
Located on I-70, Hays is a growing city with a strong housing market. Hays has a diverse local economy, including Fort Hays State University (4,767 students on campus, 1000+ employees), a regional medical center, and several other 200+ person employers.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 116 |
| Total Occupancy: | 88.0 % |
| Average MH Lot Rent: | $225 |
| Size: | 12 acre(s) |
Lot Information
| Singlewide Lots: | 116 |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 47 |
| Average Rent for Park-owned Homes: | $575 |
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