4 Community Portfolio Wichita

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.

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.

Assumable Debt: $6,760,000 in Home Inventory (Home Inventory included in Purchase Price)