Junction West Coffeyville MH/RV Park 2649 US Highway 169

NEW LISTING AUG 2024 AND MAJOR PRICE REDUCTION OF $300,000 (22%) ON OCT 31!!! NEW SALES PKG NOT YET REVISED. Junction West Coffeyville KS is a workforce housing park built in 2011, with 132 sites, which includes 99 RV lots and 34 cabins (dupexes, fourplexes, cottage cabins, mobile homes)on 21.3 acres. $1,095,000, $8,295/site includes the 2011 cabins which are valued at $216,613/site after cabin valuation. 50,000. Sales price is 33% of replacement value. 15.3% cap (5 mo 2024 annualized). THE GROSS SCHEDULED RENTS ARE .833x THE ASKING PRICE (LESS THAN ONE!!!) !! Owner is selling this park and a similar 116 site workforce housing park, Junction West Ponca City OK, 116 sites, $795,000. (see Loopnet). Sale is seperate or as a portfolio. The Coffeyville park is located 10 minutes from of the 132,000 BPD Coffeyville Resources Oil Refinery and derives the majority of its tenants from outside maintenance crews that do periodic major/minor "turns" to maintain the refinery, typically for a period of 3 months. Tenancy is also currently provided through the construction of the Bartlett Soybean Crushing Plant located 10 miles north on Hwy 169. This construction should be completed by year end 2024 but it could begin construction to expand the plant, doubling the capacity. Additionally, Azure Sustainable Fuels Corp., a Calagry, Canadian company has annopunced potential plans to build a $900M SAF (Sustainable Aviation Fuel) plant, adjacent to the Soybena Crushing Plant. Construction on this plant is anticipated to take from 2025-2027. Either or both of these plants should keep Junction West Coffeyville full for many years. In addition to these plants, the refinery, wind farms, bridge construction, road crews and various oil/gas operations also can provide some tenants.. The park provides a storm shelter, WIFI, cable TV, restrooms, housekeeping, furnishings, bedding, walk in shower, mictrowave, cookware/utensils, laundry facilities, security cameras, dog parks, childrens play area and firepits. The cabins are 2011 models. RV sites are 30/50 amp, 45 x 90' pull thru, grass/gravel with park showers and bathrooms. The park pays all utilities, city water and sewer. Coffeyville population is 8,690 with the county at 31,486. The park is 90 miles from the Junction West Ponca City OK park (Loopnet) and within 80-100 miles of 3 major metropolitan areas: Oklahoma City, OK-pop. 1,450,000, Tulsa, OK-pop. $1,000,000 and Wichita, the largest city in Kansas, pop. 650,000. Motivated seller-bring all offers.