Properties for Sale

# 406 - Illinois, United States

Basic Details
Property Type : Mobile Home Community
Age of Community : 40 Years
Ref ID : 406
Owner Occupied : 26
Price : $800,000
Number of Vacant Lots : 1
Total Number of Sites : 30 + 15 Storage Units + (1) 2,400 sq. ft. Home
Rentals : 2
Listing Type : Sold
Number of Vacant Units : 1
Unused Acres : 0
Number of Undeveloped Lots : 0
Address Map
Country : United States
State : Illinois
Property Description

Community Information
Traditional Occupancy Rate: 95%
Is Manager Onsite: Yes
Number of Entrances to Park: 3
Average Lot Size: Can hold 14×70’s and some 16×80’s, 1 Double Lot

Rental Information
Owner Occupied Rent: $350
Rental Unit Rent: Avg. of $557
Collection Rate: 95%
Last Rent Increase: Unsure
For How Much: –

Utilities & Infrastructure Information
Type of Water: Well
Individual Meters: –
Type of Sewer: Septic
Individual Meters: –
If So Who Reads and Bills: –
Who Owns the Lines: Park
Type of Roads: Asphalt
Who Maintains Roads: Park
On/Off Street Parking: On And Off
Electric Provider: ComEd
Amp Service: 100
Natural/Propane Gas: Natural

Amenities & Pride of Ownership Info
Average Age of Homes: 10-20 Years
Group Mailboxes: Yes
Club House: No
Play Ground: No
Laundry: No
Mature Trees: Yes
Basketball Courts: No
Park Rating: B

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: 40,000

Comments / Additional Information
Park is 1 hour from Chicago. Park has very good frontage along main road. Always has had strong occupancy. 2,400 sq. ft. stick built home that can rent for $1,000+ in area. New blacktop in the last 4 years.