Mobile Home Park Details
- Purchase Method: Seller Financing
- Listing ID: 13247
- Posted On: Jun 2, 2010
- Updated On: Jul 8, 2012
Description
This Northern Wisconsin mobile home park offers the best of both country and city living. Within walking distance of the largest grocery store in the area, it is backed by acres of forested land with an abundance of wildlife. A walking and biking trail runs along the east side of the park. The mobile home park is about 8 acres. Total land area is approximately 48 acres, all of which is zoned for mobile homes so there is ample room for future expansion. The park has 53 developed sites. Our occupancy has been nearly 100% for quite a few years. There are also 20 undeveloped sites which only need tree removal, pad preparation, and yard work for immediate expansion. Water, sewer, and utilities have already been run into the undeveloped sites. Some also have meter bases. The park is served by municipal sewer and water, natural gas hook-ups, and weekly municipal garbage pick-up. For more information contact Ray Marvin at 715-453-3482.
Location
310 West Leather Av.
Tomahawk, Wi. 54487
Park Information
| Number of MH Lots: | 53 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1974 |
| Average MH Lot Rent: | $180 |
| Size: | 8 acre(s) |
Financial Information (Actual)
| Gross Income: | $121,920 |
| Operating Expense: | $24,400 |
| Net Operating Income: | $97,520 |
| Expense Ratio: | 20.0 % |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
| Average Rent for Park-owned Homes: | $325 |