Properties for Sale

# 409 - Northwest, Illinois, United States

Basic Details
Property Type : Mobile Home Community
Ref ID : # 409
Owner Occupied : 38
Price : $650,000
Number of Vacant Lots : 20
Total Number of Sites : 60
Rentals : 2
Listing Type : For Sale
Number of Vacant Units : 0
Unused Acres : Yes could add 6-8 more sites
Address Map
Country : US
State : IL
City : Northwest
Property Description

Community Information
Total Acres: 20
Unused Acres: Yes could add 6-8 more sites
Traditional Occupancy Rate: 75%
Is Manager Onsite: Yes
Number of Entrances to Park: 1
Average Lot Size: Singlewide park, will hold up 16’s on most sites

Rental Information
Owner Occupied Rent: $235
Rental Unit Rent: $315-$400
Collection Rate: 95%
Last Rent Increase: March 2017
For How Much: $10

Utilities & Infrastructure Information
Type of Water: City
Individual Meters: No
Type of Sewer: City
Individual Meters: No
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: Illinois Power
Amp Service: 100
Natural/Propane Gas: Natural

Amenities & Pride of Ownership Info
Average Age of Homes: 30 Years
Group Mailboxes: Yes
Club House: No
Play Ground: No
Laundry: No
Mature Trees: No
Basketball Courts: No
Park Rating: C

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: City- $1,700, County 35,000
Comments: Clean park, seller has not attempted to bring units in but does say he has demand. Metering the park for water/sewer would help to cut down expenses.