Expandable 100-Space MHC in Kansas City

<p>The Wichita Portfolio consists of four all-age manufactured housing communities totaling 645 sites across approximately 148 acres in Wichita, Kansas.​ The portfolio includes Lamplighter MHP, River Oaks MHP, Fishin' MHP, and Cottonwood Grove MHP, all located within close proximity to one another and approximately 10-12 minutes from downtown Wichita.​ This concentration provides immediate scale in the market while allowing for potential operational efficiencies through shared staffing and management oversight.​</p><p></p><p>The communities benefit from public water and sewer service, with utilities largely direct-billed or tenant-paid.​ Lamplighter and River Oaks include amenities such as pools, basketball courts, and RV storage, while Lamplighter also features a clubhouse and community pond.​ Fishin' MHP includes a 17-acre lake, and all communities include storm shelters.​ The portfolio has also benefited from recent capital improvements, including entrance, signage, landscaping, asphalt work, and lot preparation for new home installations.​</p>

<p>PRICE REDUCED.​ 46-space mobile home community with all public utilities.​ This is a stabilized investment, with recent cap ex for home renovations and many new concrete driveways.​ Most of the roads are maintained by the city (asphalt).​ Concrete roads are park-owned.​</p><p></p><p>Ottawa is in close proximity to Lawrence, KS and the Kansas City Metro.​ The Ottawa Metro itself has a population of just over 12,000 residents, and it is home to two large distribution centers and several manufacturing companies.​ It also serves as the county seat for franklin County, making it a hub for government and educational employment sectors.​</p>

<p><strong>TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”.​ CONTACT JAMARI RIDORE WITH ANY QUESTIONS JAMARI@MHPVALUE.​COM</strong></p><p></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">The MHP Value Team is pleased to offer for sale Ponderosa RV Park, a 28-site long-term RV community located in Haysville Kansas, a growing suburb within the Wichita MSA.​ </span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">The property is comprised entirely of one single-family home and 22 long-term RV tenants, benefiting from strong occupancy, consistent collections, and stable cash flow.​ Current rents average $425 per month, providing affordable housing to residents while generating reliable income for ownership.​ The community is serviced by city water and private septic sewer and has received recent improvements</span></p><p><span style="color: rgba(0, 0, 0, 1)">including electrical and asphalt upgrades along with tree removal and added laundry machines.​ </span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">The investment strategy for Ponderosa RV Park is straightforward: maintain the strong occupancy and collections already in place while implementing gradual rent increases over time.​ The Wichita MSA continues to experience strong demand for affordable housing driven by a diverse employment base and rising apartment rents, creating favorable fundamentals for long-term RV communities.​ Based on adjusted expenses, the property generates $74,427 in Net Operating Income, offering investors a strong in-place COC return of 10% and attractive going-in cap rate of 9%.​ This is an opportunity to acquire a stabilized, cash-flowing RV park with limited management requirements and immediate income from day one.​</span></p><p></p><p></p><p><strong>Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities.​ We appreciate your interest and enthusiasm.​ Please note that we work exclusively with qualified, verified buyers.​ Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment.​ We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.​</strong></p>