Sold Comps
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SOLD: Edgewater Mobile Home Park Call for price
SOLD: Edgewater Mobile Home Park
Call for priceThis 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
Sunrise MHP: Sold Call for price
Sunrise MHP: Sold
Call for priceRare opportunity to acquire a mobile home park in a good market with a stable economy (even with the pandemic) with strong rent collections.
New Horizons $ 4,300,000.00
New Horizons
$ 4,300,000.00Sold! 119 site park in Ames, IA, part of the Des Moines, IA metro.
West Branch MHP $ 6,500,000.00
West Branch MHP
$ 6,500,000.00Sold! 181 site park in West Branch, IA, part of the Iowa City metro.
Sunny-Brook $ 5,550,000.00
Sunny-Brook
$ 5,550,000.00Sold! 143 site park in Berwick, IA, part of the Des Moines metro.
Western Hills $ 9,900,000.00
Western Hills
$ 9,900,000.00Sold! 286 site park in Coralville, IA, Iowa City metro.
Lindale Manor MHP $ 3,400,000.00
Lindale Manor MHP
$ 3,400,000.00Sold! 105 site park in the heart of the retail hub of Cedar Rapids-Hiawatha-Marion Metro.