Closed Deals
Confidential Sale – Midwest Tertiary Market
200+ Spaces
Agency Quality Property
5.52% Cap Rate
Sold February 2024
Airport Road MHC
Hammond, Louisiana
Agency Loan Assumption
95% Occupancy
121 POH
Sold February 2024
Parklane Estates
Wichita, KS MSA
83 Spaces
32.5% Occupancy
Sold February 2024
Confidential MHC Sale
Kansas
100+ Spaces
72.6% Occupancy
Sold December 2023
Woodman & Oakwood MHC’s
Ashtabula, Ohio
131 Units
71% Occupancy
Sold December 2023
Stonegate Community
Wichita, Kansas
277 Spaces
68.6% Occupancy
156 POH
Sold December 2023
Heartland MHP
Emporia, KS
110 Spaces
65% Occupancy
Sold November 2023
Four Seasons North
Warrensburg, Missouri
35 Spaces
97% Occupied
Primarily POH
Sold October 2023
Cabana Estates
Fort Smith, Arkansas
155 Sites
Public Utilities
66% Occupied
Sold August 2023
Six Property Portfolio
Missouri & Kansas Locations
420 Spaces
Sold August 2023
Riverview
Junction City, KS
130 Spaces
Sold July 2023
SUBSCRIBE
To be added to the Buyers List, submit this form or call to speak with Kris Wessel today at 316-263-6997.
Confidentail Sale – Midwest Tertiary Market
200+ Spaces
Acency Quality Property
5.52% Cap Rate
Sold February 2024
Airport Road MHC
Hammond, Louisiana
Agency Loan Assumption
95% Occupancy
121 POH
Sold Februuary 2024
Hawaiian Village
Macon, GA
40 Spaces
32.5% Occupancy
Sold December 2022
Holdrege MHC’s
149 Spaces
58.4% Occupancy
16 Park Owned Homes
Sold December 2022
Panther MHP
61 Spaces
98.4% Occupancy
All POH
Private Sewer
Sold December 2022
Royal Palm Estates
Cairo, GA
103 Sites
83.5% Occupancy
Sold November 2022
Bloomfield Village
Bloomfield, Iowa
32 Spaces
28.1% Avg. Occupancy
Sold October 2022
All Seasons RV Park
Wichita, KS MSA
53 Sites
91.2% Avg. Occupancy
Sold October 2022
Confidential Community
60+ Spaces
Kansas
98% Occupancy
5.2% Cap Rate
Sold October 2022
Pembrooke Park
Warrensburg, MO
98 Spaces
52% Occupancy
Sold September 2022
Bonifay MHP
Bonifay, Florida
30 Spaces
96.7% Occupancy
29 Park Owned Homes
Sold September 2022
4-Star 55+ Community
Upper Midwest Location
200+ Spaces
4.24% Cap Rate / Over $84K per Space
Sold August 2022
Heritage Hills MHC
Toledo, Ohio
51 Spaces
96.1% Occupancy
Sold July 2022
Confidential Alabama MHC
Approx. 40 Spaces
100% Occupancy
Zero Park Owned Homes
5.6% Cap Rate
Sold July 2022
Springfield MHC Portfolio
Springfield, MO
525 Spaces
66% Occupancy
Sold June 2022
Shady Grove MHP
Huntsville, AL
160 Spaces
78% Occupancy
Sold May 2022
Southborough Estates
Wichita, Kansas
48 Spaces
95.8% Occupancy
Sold May 2022
Leo’s Park
Baton Rouge, LA
119 Spaces
91 POH
Sold April 2022
Villa Manor
Dodge City, Kansas
78 Spaces
All TOH
97.5% Occupancy
Sold March 2022
Enterprise MHC
Enterprise, Kansas
21 Spaces
All Tenant Owned
60% Occupancy
Sold February 2022
Confidential Community
Kansas
100+ Spaces
3.4% Cap Rate
Sold for $56K per Occupied Space
Sold December 2021
St. Robert MHC
St. Robert, Missouri
51 Spaces
68.6% Occupancy
Sold December 2021
Autumn Acres
Joplin, MO Metro
86 Spaces
65 Park Owned Homes
52% Occupied
Sold November 2021
Hillside Bayou
Little Rock, AR Metro
115 Spaces
40% Occupied
Sold October 2021
Fuller’s Park
Opelika, AL
28 Spaces
12 POH
89.3% Occupied
Sold August 2021
Salina & Hays, KS MHC Portfolio
Seven MHC’s – 866 Spaces
74% Overall Occupancy
Sold August 2021
Georgia & Alabama MHC Portfolio
11 MHC’s – 969 Spaces
73% Overall Occupancy
Sold August 2021
Sunset Meadows RV Park & Storage
Wichita, KS MSA
46 Units
100% Occupancy
Sold August 2021
Breckenridge MHC
Tuscaloosa, AL
23 Spaces
Limited POH
100% Occupancy
Sold August 2021
Stepping Stone MHC
Neosho, MO
63 Units
All POH
93.8% Occupancy
Sold July 2021
Holdredge MHC’s & Self Storage
Holdrege, Nebraska
149 Spaces + 96 Units of S.S.
52% Occupancy
Sold June 2021
Timber Creek Estates
Wichita, Kansas
38 Spaces
36.8% Occupancy
Sold March 2021
Colony Park & Shadetree MHC’s
Dothan, Alabama
156 Spaces
52% Occupancy
Sold March 2021
Confidential 150+ Space MHC
Alabama
$8M Sale Price
6.5% Cap Rate
High Percentage of Park Owned Homes
Sold February 2021
Lakeview Community
Wichita, Kansas
281 Spaces
81% Occupancy
Sold September 2020
Scottish Square MHP
Junction City, Kansas
62 Spaces
75.8% Occupancy
Sold July 2020
Parkview MH
Ogden, Kansas
49 Spaces
75.5% Occupancy
Sold June 2020
West Michigan MHC Portfolio
Three Communities
165 Units
90% Occupancy
Sold April 2020
Countyside Park & Highland Park
El Dorado, Kansas
86 Units
48.8% Occupancy
Sold, January 2020
Breckenridge Community
Tuscaloosa, Alabama
23 Spaces
95.7% Occupancy
Sold, December 2019
Timber Creek Estates
Wichita, Kansas
38 Spaces
Low Occupancy / Seller Financing
Sold, December 2019
Oak Hills Mobile Home Village
Alexander City, Alabama
71-Spaces
76% Occupancy
All Cash Buyer
Sold, November 2019
Cottonwood Estates
Junction City, Kansas
160 Spaces
Heavy Value-Add Property
All Cash Purchase
Sold, November 2019
St. Robert MHC
St. Robert, Missouri
50 Spaces
48% Occupancy
Sold, October 2019
Heartland MHP
Emporia, Kansas
110 Spaces
30% Occupancy
Sold, October 2019
Encino Estates
Hearne, Texas
25 Spaces – MH & RV
7 Park Owned Homes
Sold, October 2019
Nine Property MHC Portfolio
Topeka, Kansas
689 Spaces
52% Occupancy
Sold, August 2019
Pine Ridge Estates
Towanda, Kansas
191 Spaces
68.6% Occupancy
Sold, July 2019
A Maplewind Community
Ogden, Kansas
140 Spaces
17% Occupancy
Sold, May 2019
Lakeside Landing
Wichita, Kansas
199 Spaces
72% Occupancy
Sold, March 2019
Sleepy Hollow
Wichita, Kansas
89 Spaces
18% Occupancy
Sold, February 2019
Bayside Community
Menominee, Michigan
97 Spaces
97% Occupancy
Lakefront Location
Sold, January 2019
Cottonwood Valley MHC
Wathena, KS
101 Spaces
40% Occupancy
St. Joseph, MO Metro Area
Sold, November 2018
Winterwood Estates
Holts Summit, Missouri
156 Spaces
66% Occupancy
Sold, November 2018
Coach Lamp Village
Hutchinson, Kansas
67 Spaces
95% Occupancy
Sold, September 2018
Country Aire MHC
Newton, Kansas
62 Spaces
Off-Market Transaction
Sold, July 2018
Lakeview Community
Wichita, Kansas
281 Sites
Off-Market Transaction
Sold, July 2018
Four Property MHC Portfolio
Liberal, Kansas
342 Spaces
72.5% Occupancy
Sold, June 2018
Western North Community
Liberal, Kansas
125 Spaces
Sold, May 2018
Maple Village
Goddard, Kansas
87 Spaces
70% Occupancy
Sold, May 2018
Midwest & Ferrelwood MHC’s
Kansas City Metro
230 Spaces
Sold, March 2018
Sunset 77
Douglass, Kansas
53 Spaces
37% Occupancy
Sold, March 2018
Cash Buyer
Lamplighter & River Oaks MHC’s
Wichita, Kansas
499 Spaces
97% Occupancy
Sold, September 2017
Applewood Meadows
Hutchinson, Kansas
97 Units
12 POH
Sold, July 2017
Four Seasons MHC
Junction City, Kansas
84 Spaces
75% Occupancy
Sold, June 2017
Southborough Estates
Wichita, Kansas
43 Spaces
95% Occupancy
Sold, May 2017
Meadow Brook MHP
Wichita, Kansas
31 Spaces
71% Occupancy
Sold, March 2017
Decade Acres
Atchinson, Kansas
74 Spaces
92% Occupancy
Sold, October 2016
Suburban Mobile Manor
Cheney, Kansas
34 Spaces
85% Occupancy
Sold, September 2016
Fishin’ MHP
Wichita, Kansas
54 Spaces
88.9% Occupancy
Sold, October 2015
Riverside MHC
Wichita, Kansas
310 Spaces
Sold, June 2015
Englewood MHC
Wichita, Kansas
152 Spaces
Sold, December 2014
Willowood Estates
Wichita, Kansas
278 Spaces
Sold, August 2014
Four Property Portfolio
Liberal, Kansas
336 Spaces
Sold, June 2013
MEET THE TEAM
KRIS WESSEL
Senior Vice President
Background & Experience
- 2017 – present: Senior Vice President, NAI Martens, Wichita
- 2012 – 2017: Commercial Advisor, NAI Martens, Wichita
- 2005 – 2012: Commercial Advisor, Grubb & Ellis, Wichita
- 2003 – 2005: Appraisal Assistant, The Martens Companies
- 2001 – 2003: Licensed Representative, American Family Ins.
Professional Affiliations
- Licensed Broker – Kansas, Georgia, Alabama
- Kansas Manufactured Housing Association (KMHA)
- Missouri Manufactured Housing Association (MMHA)
- New Mexico Manufactured Housing Association (NMMHA)
Community Involvement
- Rotary Club of Wichita
- United Way
Significant Transactions
- Georgia & Alabama MHC Portfolio – 969 Spaces, 11 Communities
- Kansas MHC Portfolio – 866 Spaces, Seven Communities
- 689-Space Portfolio of Nine MHC’s, Topeka, Kansas
- 4-Star, 55+ MHC – Michigan, 200+ Spaces
- 499-Space Portfolio of Two MHC’s, Wichita, Kansas
- 230-Space Portfolio of Two MHC’s – Kansas City Metro
- Three MHC Portfolio, 165 Spaces – West Michigan
- Three MHC Portfolio, 525 Spaces – Springfield, Missouri
- 310-Space Manufactured Housing Community, Wichita, KS
- 278-Space Manufactured Housing Community, Wichita, KS
- 149 Spaces in Two MHC’s – Holdrege, Nebraska
- 97-Space MHC, Menominee, Michigan
- 51-Space Manufactured Housing Community, Toledo, Ohio
STEPHEN YOWELL
Manufactured Housing Specialist
Stephen joined NAI Martens as an intern in 2018 while attending Wichita State University. Upon graduating from the Real Estate program at Wichita State, Stephen transitioned into a brokerage role focusing on mobile home communities. Stephen assists his clients in the disposition of mobile home communities throughout the Midwest and Southeast United States. By acquiring up to date data and maintaining industry relationships, Stephen provides his clients with accurate data and valuable insight in order to correctly position their community for sale.
Work Experience
- Research Analyst – NAI Martens
- Appraisal Intern – Martens Appraisal
- Credit Analyst Intern – Equity Bank
Education
- Wichita State University BBA Finance-Real Estate
Community Involvement
- W – Young Professionals of Wichita
- Alabama Manufactured Housing Association (AMHA)
Notable Transactions
- 156-Space Portfolio of Two MHC’s – Dothan, AL
- 38-Space MHC – Wichita, KS
RYAN MCKEE
Manufactured Housing Specialist
Background & Experience
Resume
2019 – Present: Manufactured Housing Specialist, NAI Martens, Wichita
2018 – 2019: Coldwell Banker, Columbus, Georgia
Professional Affiliations
- Salesperson – Georgia Real Estate Commission
- Salesperson – Alabama Real Estate Commission
Awards & Recognitions
- Commercial Rookie of Year 2018 – Coldwell Banker
- “It’s all downhill from here” Award – Highest First Commission Check – Coldwell Banker
BRANDY URUSQUIETA
Commercial Real Estate Assistant
Brandy works exclusively with Kris and Stephen, assisting in the day-to-day tasks of marketing the properties. Brandy is responsible for the maintenance of buyer lists, collecting comparable properties information, etc.
Kris Wessel Contact Information
Stephen Yowell Contact Information
Ryan McKee Contact Information
Let’s Work Together
The NAI Martens team has the knowledge and experience to market your MHC property. Our buyer list includes over 1,200 active buyers and owners of mobile home communities, and our team has a proven track record of qualifying buyers to give our clients an organized and timely sale. Give us a call or email us today to discuss your property!
Connect with Kris