Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 13.0%
- Listing ID: 692224
- Posted On: Jul 29, 2016
- Updated On: Oct 29, 2016
Description
Always dreamed of owning a resort on a Beautiful Spring Fed Lake in WI? This may be your chance. This mom & pop Mobile Home Community & Campground located on a Clean 35 ac. no wake lake features 23 Mobile Home Sites, (spacious lots) & 62 Campsites (mostly Seasonal April 15-Oct. 15 all seasonal sites are direct sewer hookups & have metered electric)
494' Water-frontage on Deep Lake, Adams Co..
Includes a 3-bedroom residence/office, rec-room/bath house/laundry, large maintenance shop/restroom building.
6 Mobile Home rentals, The Mobile Home Community has nearly all updated septic systems. One parcel is yet to be developed. This unique business has 8 separate parcels of land. Zoned R-3 and B-1.
Quiet Country Setting.
20 Min. from Famous Wisconsin Dells, 1 hr. N of Madison.
24 Hour Advance Notice for a Showing.
Property is Broker Owned
Contact: Delores 608-547-1177
DG Realty, LLC
send an email: dgrealty90@yahoo.com
Amenities
- Laundromat
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 23 |
| Year Built: | 1970 |
| Size: | 25 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $163,695 |
| Operating Expense: | $40,477 |
| Net Operating Income: | $123,218 |
| Expense Ratio: | 24.7 % |
Lot Information
| Singlewide Lots: | 23 |
RV Information
| Number of RV Lots: | 62 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |