3201 Macarthur Rd Wichita, KS 67216

Property Details for 3201 Macarthur Rd

Property type

Mobile home & RV parks

Description

This exceptional investment opportunity presents a 186-unit mobile home park portfolio strategically located within the Wichita, Kansas metro area. The portfolio comprises two parks, offering a combined 186 spaces, and includes 77 privately-owned homes. Both parks benefit from direct-billed city utilities, simplifying operations and management. A significant advantage lies in the substantial infill opportunity presented by existing vacant lots and homes, allowing for immediate cash flow improvement. Further expansion potential exists due to the presence of excess vacant land in both locations, providing a pathway for future growth and increased capacity. This aligns perfectly with the growing demand for affordable housing in Wichita, a city boasting a population exceeding 395,000 and a metro area population surpassing 645,000. The parks' convenient locations provide easy access to local amenities, contributing to high resident retention rates. This portfolio offers a compelling combination of immediate operational benefits, significant upside potential, and a strong foundation for long-term investment growth in Kansas' largest city. The portfolio's strategic positioning and development potential make it an attractive acquisition for investors seeking a scalable asset in a thriving market. One park is located at 3201 E MacArthur Rd, Wichita, KS 67216, and the other at 915 N Filmore St, Cheney, KS 67025.

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Longitude

-97.2974

Latitude

37.6196