Properties for Sale

# 410 - Illinois, United States

Basic Details
Property Type : Mobile Home Community
Age of Community : 35 Years
Ref ID : 410
Owner Occupied : 0
Price : $435,000
Number of Vacant Lots : 4
Total Number of Sites : 28 + 1 Apt.
Rentals : 24 + 1 Apt.
Listing Type : Sold
Number of Vacant Units : 0
Unused Acres : 0
Number of Undeveloped Lots : 0
Address Map
Country : US
State : IL
Property Description

Community Information
Traditional Occupancy Rate: 90%
Is Manager Onsite: Yes
Number of Entrances to Park: 1
Average Lot Size: 50×90

Rental Information
Owner Occupied Rent: –
Rental Unit Rent: $325-$450
Collection Rate: 95%
Last Rent Increase:
For How Much:

Utilities & Infrastructure Information

Utilities & Infrastructure Information
Type of Water: City
Individual Meters: Yes
Type of Sewer: Sand Filtration
Individual Meters: –
If So Who Reads and Bills: Park
Who Owns the Lines: Park
Type of Roads: Paved
Who Maintains Roads: Park
On/Off Street Parking: Off Only
Electric Provider: Ameron
Amp Service: 200
Natural/Propane Gas: Both

Amenities & Pride of Ownership Info
Average Age of Homes: Range from 1981-1997
Group Mailboxes: Yes
Club House: No
Play Ground: Yes
Laundry: No
Mature Trees: Yes
Basketball Courts: No
Park Rating: C

Makeup of Area
Where Tenants Work:
Largest Employer: Southern Illinois University
Population: 30,000

Comments / Additional Information
This is a rental park that is very clean with strong traditional occupancy. Motivated sellers. Excellent cash flow relative to asking price.