Mobile Home Park Details

  • Cap Rate: 5.7%
  • Listing ID: 1709078
  • Posted On: Jul 8, 2022
  • Updated On: Jan 3, 2024

Description

Colliers Manufactured Housing & RV Group is pleased to present the opportunity to acquire the Indian Shores RV Resort, a year round lakefront campground inclusive of 215 sites across nearly 130 acres, with a large beach, piers, and a boat launch. The resort consists of RV sites (both transient and annual) and cottage sites as well as a marina.

Resort-style property with 215 sites, high-quality amenities and the ability to expand the number of sites, add additional cottages, and sell lakefront cabin lots.

Significant beachfront and a boat launch with multiple piers.

Fronting Tomahawk Lake, this resort sports a lodge with a store, restaurant & bar, and activity hall and many other attractions that lend this park to high traffic all year long.

The property attracts visitors from major population centers in Wisconsin, as well as Minneapolis and Chicago as the area is a major getaway location for many residents.

There is an opportunity to create a larger portfolio acquisition from the same seller for a total of 990 sites and 685 acres.

Offering Site: https://www.crexi.com/properties/853500/wisconsin-indian-shores-rv-resort

Join email list and provide investment criteria: https://lnkd.in/g9xC5ka

Location

RESORT-STYLE DESTINATION CAMPGROUND WITH YEAR ROUND LAKEFRONT SITES ON TOMAHAWK LAKE IN WISCONSIN

Offering Site: https://www.crexi.com/properties/853500/wisconsin-indian-shores-rv-resort

Join email list and provide investment criteria: https://lnkd.in/g9xC5ka

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

Park Information

Community Type: All Age
Total Occupancy: 26.0 %
Size: 130 acre(s)

RV Information

Number of RV Lots: 215

Utility Information

Water: Well