Mobile Home Parks for Sale and Trailer Parks for Sale
Due Diligence Questions:613 Riley Ln Manhattan, KS mobile Home Park785-317-7086Number of spaces 10Number of spaces serviceable for mobile homes 10, but the city is imposing a 25’ setback off the alley which is preventing me from replacing a home I removed. A variance will probably be needed, but we are in Florida and have no plans to pursue one. Mobile home lot rent $250Park owned home rent $400-$600 (we own the home on lot #2)Who pays water? City bills us, we meter water to each home and bill back tenants monthly. We started doing this late in 2015.Who pays trash? We bill back monthly to tenants. Underground water lines: Brand new pex 2007.Electric: some new/updated service. Some on wooden posts. No current issues/problems. Very few electrical problems over the years. Average size of homes 12x60-65Possible to pull in larger units? :NoProfit & loss statements available on There are many line items that are 1 time expenses. We made a lot of improvements in 2015 on both of our parks in preparation for running them from Out of state, we currently run both parks from Florida. Current surveys available? NoRent roll available with a signed sales contractTenants pay all utilities including water, sewer, gas, electric, trash, cable, internet etc...Westar electric has individual meters, KS Gas does as well.Current staffing list including position, wages, job descriptions. Owners; Husband and wife. We hire contractors, or off craigslist for occasional help with any repairs which are rare since infrastructure is in good shape and all but one home are owner occupied.Dates and amounts of the last 3 rent increases.We have only been charging lot rent for a few years, it has not been raised and is slightly lower than other similar parks in this area. Signed rules and leases for each resident.Available once under contract.Type of Sewer system: City Sewer Type of Water system: City WaterElectric: Westar Electric Natural gas: Kansas GasAny pending litigation? NoCheck for more demographics/information on the area.Location is Manhattan KS. These parks can be run from out of state; we run them both from Florida right now, and have for most of 2016. Scroll down for P and L’s ................
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