Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 893129
  • Posted On: Feb 1, 2018
  • Updated On: May 2, 2018

Description

BACK ON MARKET!!

43 site park with 36 occupied. No POH although 1 home is sold on contract. City water and sewer that are submetered back to tenants. Excellent manager who lives right next to the park. Outstanding collections - only 2 slow payers. Strong local economy - Black River Falls is a county seat, is home to a large construction company that does work all over Wisconsin, a large national trucking firm (Millis Transport), and the Ho Chunk casino is located about 3 miles east of town. Additionally, Fort McCoy, a large Army training base that employs 2,500 and trains over 100,000/ year is located only 25 miles to the South. Rents are near market level but upside is available for those who can bring in homes to fill the extra pads. High demand for the last two homes we had available - both sold in a matter of a month or two.

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Park Information

Number of MH Lots: 43
Total Occupancy: 83.7 %
Average MH Lot Rent: $240

Lot Information

Singlewide Lots: 43

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City