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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Mobile home & RV parks
6160 6th St Milwaukee, WI 53221-5128
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US92-1215130
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1949
Lot
6.78 ac (295,511 SF)
Zoning code
RM1
APN
687-9958-110
UPID
US92-1215130
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Father And Son Trades Auto Repair Shop Vehicle Inspection Center
-
College Mobile Home Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
College Mhc LLC · 12 yrs held
College Mhc LLC
since 2013
7 recorded transactions
Zoning & alternative use
RM1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
v-3. If the tower is located in an RM1 to RM3 district, the tower shall be accessory to an elementary or secondary school, shall not exceed 2 times the district height limit or 150 feet, whichever is less, and shall be set back from all property lines a distance at le ast equal to the height of the tower. Any other tower which does not exceed 2 times the dis…
Zone name
Multifamily Residential Districts
General category
RESIDENTIAL
Source
Master V2
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$102,552
Tax year 2022
Assessed value
$4,307,100
Assessed 2022
Previous assessed
$4,307,100
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$1,108,200
Assessed improvement
$3,198,900
Land market value
$1,108,200
Improvement market value
$3,198,900
Total market value
$4,307,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1949
Heating
YES
Units
132
Lot
6.78 ac (295,511 SF)
Zoning code
RM1
APN
687-9958-110
UPID
US92-1215130
Jurisdiction
MILWAUKEE
Zoning & alternative use
RM1 · Milwaukee, WIZoning RM1 · permitted uses
RM1 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
v-3. If the tower is located in an RM1 to RM3 district, the tower shall be accessory to an elementary or secondary school, shall not exceed 2 times the district height limit or 150 feet, whichever is less, and shall be set back from all property lines a distance at le ast equal to the height of the tower. Any other tower which does not exceed 2 times the district height limit or 150 feet, whichever is less, may be allowed as a special use.
Zone name
Multifamily Residential Districts
General category
RESIDENTIAL
Source
Master V2
Building & site characteristics
From public records
Year built
1949
Heating
YES
Units
132
Lot
6.78 ac
Current owner
From public records · entity-resolved
College Mhc LLC
Entity
Mailing address
PO BOX 882, COPPELL, TX 75019-0801
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2013
$2,000,000
College Mhc LLC
College Mhp LLC
Warranty Deed
$1,125,000 · Bank Of Camden
Aug 13, 2010
—
College Mhp LLC
Fromm Of Tucker Collegiate Hm Par
Quit Claim Deed
related
—
—
—
Fromm Of Tucker Collegiate Hm Par
—
Loan Modification
related
$220,000 · Edens Bk
—
—
Fromm Of Tucker Collegiate Hm Par
—
Loan Modification
related
$105,000 · Edens Bk
—
—
Fromm Of Tucker Collegiate Hm Par
—
Loan Modification
related
$180,000 · Edens Bk
—
—
Fromm Of Tucker Collegiate Hm Par
—
Deed Of Trust
related
$2,100,000 · Washington Mutual Bk
—
—
Fromm Of Tucker Collegiate Hm Par
—
Loan Modification
related
$235,000 · Edens Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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