Historical Multifamily Sale Listing - Willowood Estates

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Willowood Estates

2201 E MacArthur Rd, Wichita, KS 67216

N/A

279 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
279
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
1.25%
Cap Rate:
8.61%
Gross Rent Multiplier:
6.52
Occupancy:
92%
Year Built:
1998
Lot Size:
36.40 AC
Listing ID
15183181
Last Updated
over 1 year ago

Highlights

  • STRONG CAP OF 8.61%
  • EXCELLENT LOCATION
  • WELL MAINTAINED
  • HIGH OCCUPANCY
  • EXCEPTIONAL 1031 EXCHANGE PROPERTY
  • RECENTLY PRICED REDUCED!!!

Description

Wichita's finest mobile home park; Willowood Estates. This 279 space mobile home community in one of the best areas of Wichita has 83 park owned homes and 196 leased sites. Willowood features an excellent curb appeal, several large open grass areas, a club house, 2 swimming pools, 2 playgrounds, basketball court and a cabana; all of which are located inside this A Class gated community. It has two points of entry one off MacArthur Rd the other off Hydraulic St. Willowood is well lit around the entire community and has multiple laundry facilities located throughout the property. It also features mature landscaping and water features.

Centerally located on the SE corner of MacArthur Rd and Hydraulic St, the property is less than a mile from many of the city's major highways and interstates. Willowood is close to many of Wichita's major employers including Boeing, Cessna, Spirit AeroSystems and McConnell Airforce Base. There are several shopping centers, schools, and parks located close to the property as well.

Map of 2201 E MacArthur Rd, Wichita, KS 67216 (Sedgwick County)

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Created 6/14/2007