Contact Information
Kevin Radman
Live Oak Investments LLC
Live Oak Investments LLC
Mobile Home Park Details
- Price: $1,500,000
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0% (Pro Forma)
- Listing ID: 7021801
- Posted On: Mar 28, 2026
- Updated On: Mar 28, 2026
Description
100% tenant owned trailers, ideal for remote management. 49 total lots, 42 currently rented with one pending sale and one vacancy scheduled to be filled by early summer.
25.3 total acres on 3 parcels.
Includes 40x100 commercial Quonset building rented under market at $600/mo
Both parks have a storm shelter
Significant capital expenditures made in the last 3 years.
Location
Neillsville, WI
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Park Information
| Number of MH Lots: | 49 |
| Total Occupancy: | 94.0 % |
| Average MH Lot Rent: | $285 |
| Size: | 25 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $220,000 |
| Operating Expense: | $156,828 |
| Net Operating Income: | $63,392 |
| Expense Ratio: | 71.3 % |
Lot Information
| Singlewide Lots: | 49 |
Utility Information
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |