Contact Information

Mobile Home Park Details

  • Price: $1,175,000
  • Property ID: 1431808
  • Posted On: May 3, 2021
  • Updated On: May 3, 2021

Property Description

Sunstone is pleased to offer for sale an extremely rare opportunity to acquire a community in the Southeast Wisconsin market. This is an all-age community and is licensed for 36 sites including one stick built home that is rented. In addition, the current owner's home is on the property and could be leased in the future. The property is ideally located on the border of Illinois with close proximity to both Milwaukee and Chicago. The area is vibrant with significant new employment opportunities and retail shopping. Currently operating at 77% occupancy and site rents are $400 which is under market. The property is being sold by long-term family ownership; it is serviced by well water and a septic system. There are 22 rentals that must be purchased in conjunction with the real estate. These homes have been completely gutted and rehabbed.

Park Sale Price: $1,175,000
Homes Sale Price: $200,000
Total Price: $1,375,000

Location

Incredible location right off of I-94
Close to new Amazon distribution facility, significant jobs and retail
Under market occupancy and site rents
Long-term family ownership

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 36
Total Occupancy: 77.0 %
Average MH Lot Rent: $400
Size: 5 acre(s)

Other Listings by Julie Simon

Similar Mobile Home Parks for Sale