Properties for Sale

# 411 - Eastern/Central, Illinois, United States

Basic Details
Property Type : Mobile Home Community
Age of Community : 50 Years
Ref ID : # 411
Owner Occupied : 35
Price : $650,000
Number of Vacant Lots : 5
Total Number of Sites : 48
Rentals : 8
Listing Type : For Sale
Number of Vacant Units : 0
Unused Acres : 2
Number of Undeveloped Lots : 13
Address Map
Country : US
State : IL
City : Eastern/Central
Property Description

Community Information
Total Acres: 5
Unused Acres: 2
Traditional Occupancy Rate: 90%
Is Manager Onsite: Yes
Number of Entrances to Park: 1
Average Lot Size: Singlewide park, will hold 14’s and some 16’s

Rental Information
Owner Occupied Rent: $190
Rental Unit Rent: $300-$350
Collection Rate: 95%
Last Rent Increase: 2015
For How Much: does not recall

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:
Amp Service: 100
Natural/Propane Gas: Natural

Amenities & Pride of Ownership Info
Average Age of Homes: 35Years
Group Mailboxes: Yes
Club House: No
Play Ground: No
Laundry: No
Mature Trees: Some
Basketball Courts: No
Park Rating: C+

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: City- 31,000 County- 79,000
Comments: Longtime ownership, park has had strong occupancy throughout. Mostly tenant owned homes with city utilities however the water/sewer is not metered but should be.