CHERRYWOODS MOBILE HOME PARK

property information

description

Cherrywoods Mobile Home Park has 54 lots with 5.74 acres and is an All-Aged Community with occupancy at close to 100%. Cherrywoods MHP is located in Ottawa, Kansas and is near schools and distribution centers which provide job opportunities near for the residents.  The park provides the much needed asset base of low income housing.

strategy

Our plan is to improve the infrastructure of the park by repairing roads and revamping the playground area and storm shelter. We will enhance the community gathering areas by adding BBQ’s and sitting areas.  Making these improvements add to the ‘pride of ownership’ for our tenants and allow us to increase rents, hence, increasing our ROI.

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