Contact Information
Norris Laffitte
Mobile Home Park Details
- Price: $1,750,000
- Purchase Method: Cash, New Loan
- Cap Rate: 11.3% (Actual)
- Listing ID: 6997657
- Posted On: Dec 12, 2025
- Updated On: Dec 16, 2025
Description
32 pad mobile home park. Offered at 11.3% cap on T12. Seller may offer discount for quick closing.
Location
Emporia KS. 24,000 population on I-35 at midpoint between Kansas City (pop. 2.2M) and Wichita, KS (pop. 661k).
Property Proximity:
- 4 miles from Flint Hills Technical College
- 4.5 miles from Emporia State University
- 4 miles from SE industrial center (Industrial Zone III: Simmons Pet Food, Hills Pet Nutrition, Norfolk Iron and Metal, Saunder Fabrication, Michelin)
- 7 miles from Walmart, Aldi, Hobby Lobby
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 32 |
| Total Occupancy: | 75.0 % |
| Year Built: | 1968 |
| Average MH Lot Rent: | $375 |
| Size: | 14 acre(s) |
Financial Information (Actual)
| Gross Income: | $275,241 |
| Operating Expense: | $78,114 |
| Net Operating Income: | $197,127 |
| Expense Ratio: | 28.4 % |
| Debt Info: | New Loan |
Lot Information
| Singlewide Lots: | 28 |
| Doublewide Lots: | 3 |
RV Information
| Number of RV Lots: | 1 |
| Average RV Lot Rent: | $375 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | Treatment Plant |
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