Due Diligence Questions:

613 Riley Ln Manhattan, KS mobile Home Park

785-317-7086

  • Number of spaces 10
  • Number of spaces serviceable for mobile homes 10, but the city is imposing a 25’ setback off the alley which is preventing me from replacing a home I removed. A variance will probably be needed, but we are in Florida and have no plans to pursue one.
  • Mobile home lot rent $250
  • Park owned home rent $400-$600 (we own the home on lot #2)
  • Who pays water? City bills us, we meter water to each home and bill back tenants monthly. We started doing this late in 2015.
  • Who pays trash? We bill back monthly to tenants.
  • Underground water lines: Brand new pex 2007.
  • Electric: some new/updated service. Some on wooden posts. No current issues/problems. Very few electrical problems over the years.
  • Average size of homes 12x60-65
  • Possible to pull in larger units? :No

Profit & loss statements available on are many line items that are 1 time expenses. We made a lot of improvements in 2015 on both of our parks in preparation for running them from Out of state, we currently run both parks from Florida.

  • Current surveys available? No
  • Rent roll available with a signed sales contract
  • Tenants pay all utilities including water, sewer, gas, electric, trash, cable, internet etc...Westar electric has individual meters, KS Gas does as well.
  • Current staffing list including position, wages, job descriptions.Owners; Husband and wife.
  • We hire contractors, or off craigslist for occasional help with any repairs which are rare since infrastructure is in good shape and all but one home are owner occupied.
  • Dates and amounts of the last 3 rent increases.
  • We have only been charging lot rent for a few years, it has not been raised and is slightly lower than other similar parks in this area.
  • Signed rules and leases for each resident.
  • Available once under contract.
  • Type of Sewer system: City Sewer
  • Type of Water system: City Water
  • Electric: Westar Electric
  • Natural gas: Kansas Gas
  • Any pending litigation? No
  • Check Citydata.com for more
  • demographics/
  • information on the area.
  • Location is Manhattan KS.

These parks can be run from out of state; we run them both from Florida right now, and have for most of 2016.

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