8303 S BROADWAY

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8303 S BROADWAY

HAYSVILLE, KS 67060
Asking Price
$820K
Cap Rate
9.08%
Asset Type
Mobile-home-park
Class
Class B

What's Special

28 Unit Long-Term RV Park | Opportunity for expansion | Entry CoC Returns 10% <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Stabilized long-term tenant base with a consistent collections history</span></li></ul><p></p><ul><li>​<span style="color: rgba(0, 0, 0, 1)">Strong In-Place NOI of ~$74,427 with 10% entry CoC Returns offered at a 9% cap rate</span></li></ul><p></p><ul><li>​<span style="color: rgba(0, 0, 0, 1)">Located Within the Wichita MSA with median home prices of $172k and a growing population of ~$394k residents</span></li></ul><p></p><ul><li>​<span style="colo

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NOI
$80,000
Cap Rate
9.76%
DSCR
1.64
Strong
Cash-on-Cash
12.73%
Monthly Payment
$4,056.913
Annual Cash Flow
$31,317.049

Location & Travel Times