timber creek estates - loopnet · kris wessel o: 316 263 6997 kwessel@martenscos.com timber creek...

435 South Broadway, Wichita, KS 67202 316 262 0000 tel naimartens.com/MHC

For more informationKris WesselO: 316 263 6997kwessel@martenscos.com

Timber Creek Estates1302 E MacArthur Rd, Wichita, KS 67216

Property Overview• 38-Space Mobile Home Community

• All Public Utilities

• Asphalt Roadways / Concrete Drives

• Value Add Opportunities- Infill (Currently 26.3% Occupancy)- Water/sewer not currently sub-metered

• Sale Price - $395,000

Property Details Proposed Terms

• 65% LTV

• 6%, Interest Only for 3-Year Term

• Personal Guaranty from Principals of Purchasing Entity

• Subject to Seller’s Approval of Purchaser’s Credit / Resume

For Sale

38-Space Mobile Home CommunityWichita, Kansas

Seller Carry Finanacing Available

• 2018 Property Taxes: $2,715.61

• Zoning – MH – Manufactured Housing

• One Park Owned Home Included in the Sale

• Lot Rents - $235 - $250 per month

• Sewer Lines - PVC

• Water Lines - Black Poly Pipe & Galvanized

• Site Area - 5.28 Acres

• Storm Shelter

Location Maps

435 South Broadway, Wichita, KS 67202 316 262 0000 tel naimartens.com/MHC

For more informationKris WesselO: 316 263 6997kwessel@martenscos.com