Contact Information
Jason Bergan
License: S65228000
Mobile Home Park Details
- Price: $540,000
- Purchase Method: Cash, New Loan
- Listing ID: 6857873
- Posted On: Mar 31, 2025
- Updated On: Mar 31, 2025
Description
Tenant and Park Owned Home Mix
• This property has a mix of tenant and park owned homes (12 TOH
and 5 POH). The current lot rent is $250/month. Tenants in park
owned homes pay an additional $450-$650/month in rent for their
homes.
• Park-Owned Homes are located in Lots: 1, 5, 6, 7, and D.
• List price does not include the sale of park-owned homes. Park owned
homes will be sold to the tenants prior to closing, unless
buyer is willing to negotiate the sale of the park owned homes with
the community.
Utility Structure
• Water lines are PEX throughout the community. Water is provided
by the village of Oakdale. There is a master meter at the park. Each
house is sub-metered based on actual usage.
• Sewer lines are PVC throughout the community. They were re-done
in 2005, when the current owner purchased the property. Sewer
cleanouts are located between every 2-3 homes.
• Natural Gas is provided by Alliant Energy and is directly billed to
the tenants.
• Electricity is provided by the Oakdale Electric Co-op and is directly
billed to the tenants.
• Trash is provided by Modern Disposal System (MDS) in Tomah.
The owner of the community is responsible for the trash.
Grounds and Road Maintenance
• The grounds are maintained by a resident that is paid an hourly rate
by the community owner.
• The park roads are gravel and are maintained by the owner of the
community, to include snow removal and pothole repair.
Labor Disclosure
• Repairs and maintenance are primarily completed by the owner or
tenants of the park. Prospective buyers must account for their own
labor/repair costs.
Comparable Lot Rents
• Edgewood Terrace - Tomah, WI - $400/month
Deerfield Estates - Tomah, WI - $425/month
Kountry Aire Estates II - Mauston, WI - $400/month
Mauston Hamms Trailer Park - Mauston, WI - $375/month
Location
Oakdale, Wisconsin
• The subject property is located in Oakdale, WI. Oakdale is located
on Interstate-90, 4-miles south of the convergence of Interstate-90
and Interstate-94.
• The population of Oakdale is 305 residents. However, Oakdale is 4
miles from Tomah, WI, which has a population of 9,500 residents.
• The primary employment industries in the area include: Healthcare
and Social Assistance, Manufacturing, and Retail Trade.
Fort McCoy and Volk Airfield
• Oakdale is located between two military installations, Fort McCoy
and Volk Airfield. Volk Airfield is located 7 miles away, while Fort
McCoy is located 20 miles from Oakdale.
• Fort McCoy and Volk Airfield are responsible for over 3,700 careers
between active-duty, reservist, Army civilian employees, and federal
contract workers.
Amenities
- Storage
Park Information
Community Type: | All Age |
Number of MH Lots: | 17 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $250 |
Size: | 9 acre(s) |
Financial Information (Actual)
Gross Income: | $84,000 |
Operating Expense: | $11,864 |
Net Operating Income: | $72,136 |
Expense Ratio: | 14.1 % |
Lot Information
Singlewide Lots: | 17 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 5 |
Average Rent for Park-owned Homes: | $700 |