Village of Wild Rose - for Sale in Wild Rose, Wisconsin
County Highway A
Wild Rose, WI 54984
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Seller Information
Michael Thomey
Mobile Home Park for Sale |
|
| Number of MH Lots: | 26 |
| Purchase Method: | Cash |
| Status: | Active |
| Property ID: | 13249 |
| Posted on: | Jun 02, 2010 |
| Updated on: | Jul 16, 2011 |
| Price: | $585,000 |
Property Description
Great Investment opportunity in the Village of Wild Rose in Waushara County. Mobile home parks with storage business about two hours northwest of Milwaukee. Owners are retiring. 25 mobile home lots, including 11 park owned homes and 53 mini storage units.
Annual Gross is $110,000. One fourth of the 11.77 acres is vacant and available for expansion to add storage units, homes or any other amenity.
Park Information
| Number of MH Lots: | 26 |
Financial Information (Actual)
| Gross Income | $114,000 |
| Operating Expense | $70,000 |
| Net Operating Income | $44,000 |
| Expense Ratio | 61.4% |
| Debt Info | N/a |
Park-Owned Homes
| Number of Park-owned Homes: | 11 |
Amenities and Other
| Storage: | Yes |