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Item:Mobile Home Park with rental homes-Ottawa Kansas-46 sp.

Mobile Home Park with rental homes-Ottawa Kansas-46 sp.

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This is a classified ad listing. There is no bidding on this item, so contact the seller for more information.
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785-764-6674
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Other item info
Item number:290364826530
Item location:Ottawa, Kansas, United States
Item specifics - Land
Area Acreage (acres): 5.00Zoning: Residential
Property Address: 903 LincolnType: --
City: OttawaZip/Postal Code: 66067
State/Province: Kansas Display Map
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Great Investment Opportunity-  46 space mobile home park- with air conditioned office and storage-RELISTED WITH updated info in red-31 spaces in the "core" of the park and 15 individual residential lots  on the streets adjacent to the park. current total count are as follows: ( core)  11(NOW 13) rented homes, 3 rented  lots , 2 homes ready to rent, 5 (NOW 3)homes being made ready to rent, 1 home park owner occupied, 9 vacant lots- total 31 in core- (individual lots)-  7 (NOW 11) rented homes, 2 (NOW RENTED)homes ready to rent, 2 ( NOW 1) homes being made ready to rent, (AND NOW HAVE 1 LOT ONLY RENTED)and 4(NOW ONLY 2)  vacant lots- total 15.   Range of rental homes is $400.00  to $575.00 per month. The 3 rented lots range from $200.00 to $225.00 per month.  I sold this park in 2006 for 1.25 million- total income then was $20,000 per month. The out of state buyer did not manage hands on and let the park go down hill with very poor management to the point he defaulted in his payments and I repossessed the park. At that time the park income had deteriorated to $5,000 per month. I have been back for 4 months and have brought the income back up to $10,000 per month.( INCOME NOW AT OVER 12,000 PER MONTH) I would like to stay and complete re-filling the park and getting the income back to the potential $20,000 plus that is available monthly before I sell it again, however family and business obligations back home in Washington state require my presense there. I am now RE-posting this for sale asap at a greatly reduced price. This will allow the new owner-operator the opportunity to realize the tremendous upside income that is available as he fills the park  the rest of the way. For any further information please contact seller directly- Rick @ 785-764-6674 OR EMAIL@ RFACTOR01@MSM.COM.  Asking price is just slightly over half of last sale price.STILL ASKING ONLY  $675,000 WITH OVER $ 24,000 ADDITIONAL ANNUAL INCOME!!!. Owner will consider financing a good credit buyer with reasonable down payment or will discount further for a cash sale.PAYMENTS OF ONLY $ 4778.00 PER MONTH  FOR 15 YEARS OR $ 6066.00 FOR TEN YEARS AND STILL HAVE OVER $6,000.00 MONTHLY CASH FLOW AND $8,000.00 ADDITIONAL MONTHLY INCOME AVAILABLE WHEN THE PARK IS FILLED.!!!!( PAYMENTS CALCULATED WITH $175,000.00 DOWN)_Lister is sellers brother and does not have any further info- please call seller direct as listed above.



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Seller assumes all responsibility for this listing.

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