This property features 70 sites, 100% occupied, no park owned homes. This is an age 55+ mobile home park. City water and City sewer are direct billed. Garbage and all other utilities are direct billed. Most of the homes have garages. There are no collection problems.
Edgewater Mobile Home Park is the quintessential auto-pilot investment property. For the past 21 years, the sellers leave Rhinelander for 6 months out of the year. The snow removal and lawn care are outsourced.
*Lot rent growth potential
*Beautiful, pleasant park with well-maintained tenant owned homes
*All utilities are direct billed
This offering consists of 3 parcels but purchasing all 3 properties is not required.
* 70-site mobile home park
*42-slip marina with house (office) and storage building
* 8 acres of land zoned for 30 to be built mobile home sites with 800 feet of lake frontage

OFFERS DUE 10/01/21 BY 5 PM CST