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Mobile Home Park for Sale

Manufactured Home Community for Sale in North Western, Wisconsin

North Western, WI

Mobile Home Park for Sale

Number of MH Lots: 57
Size: 20 acre(s)
Cap Rate: 10.3%
Purchase Method: Cash, New Loan
Status: Sold
Property ID: 102133
Posted on: Aug 02, 2011
Updated on: Sep 24, 2013

Property Description

2 homes sold on contract @ 400.00 monthly.

Mini Storages: 36 Units Number Occupied: 16 Average Monthly Rent: $28.00

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Park Information

Number of MH Lots:57
Total Occupancy:65.0%
Average MH Lot Rent: $167
Size:20.0 acre(s)

Financial Information (Actual)

Gross Income$89,124
Operating Expense$22,281
Net Operating Income$66,843
Expense Ratio 25.0%
Debt Info

Utility Information

Water Paid By: Tenant - Individual Service