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N6740 Hwy 12 & 16 14 Unit Mobile Home Park $499,000 ($35,643/Unit) 14.98% Cap Rate New Lisbon, WI 53950
EXECUTIVE SUMMARY
Prime investment opportunity. Great potential. Strong income numbers. Many upgrades. All new electrical 2 years ago. 2 wells, 2 septic systems. Call listing agent to discuss further details.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $499,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $35,643 | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 14.98% | Lot Size | 6.70 AC |
| Sale Condition | Business Value Included | Building Size | 1,200 SF |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1980 |
| Zoning | Commercial | ||
| Price | $499,000 |
| Price Per Unit | $35,643 |
| Sale Type | Investment |
| Cap Rate | 14.98% |
| Sale Condition | Business Value Included |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 6.70 AC |
| Building Size | 1,200 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | Commercial |
ABOUT N6740 HWY 12 & 16 , NEW LISBON, WI 53950
Mix of 1 house, 7 cabins, 6 trailer houses, and extra acreage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $566.00 | 324 - 1,200 |
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PROPERTY TAXES
| Parcel Number | 290100267 | Total Assessment | $52,800 |
| Land Assessment | $19,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $33,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
290100267
Land Assessment
$19,600
Improvements Assessment
$33,200
Total Assessment
$52,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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N6740 Hwy 12 & 16
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