3323 Seymour Rd - Manufactured Housing/Mobile Housing FOR SALE


Eau Claire, WI 54703
$1,400,000 USD
715-579-0684
3323 Seymour Rd, Eau Claire, WI for Sale
$1,400,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/19
null | 3.47% Cap Rate

3323 Seymour Rd
Eau Claire, WI 54703


HIGHLIGHTS

  • MHP in a fast growing area
  • High upside in improving efficiencies

OVERVIEW

Bluff Crest Park LLC offers a 30 pad manufactured home park for sale on the northeast side of Eau Claire. This well established mobile home park is situated on 4.219 acres that has easy access to Hwy 53 for travel to Eau Claire and Altoona, Wi. The property features municipal owned paved road access as well as a private road through the property. Off street parking, centralized mail delivery, and an office structure add convenience for owners and tenants. All mobile homes are tenant owned. Utilities include electricity, natural gas, city water/sewer and internet access paid by tenants. Owner provides garbage service and road maintenance. Income is stabile and consistent. The park is currently running at 83% occupancy with a lot rent of $350 per month. Potential for growth and increased income. Lot rent is below average for the area and current owner has not attempted to fill vacant pads.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$8 USD /SF

# OF UNITS

26

PRICE/UNIT

$53,846

CAP RATE

3.47%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BLUFFCREST MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.22 AC

LAND SF

183,823 SF

ZONING

R1B

APN/PARCEL ID

10-1463

ASK ABOUT THIS PROPERTY

Krag BlombergRE/MAX Results Eau ClaireMore Info
715-579-0684

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Krag BlombergRE/MAX Results Eau ClaireMore Info
715-579-0684

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.