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Address is 1037 East Water Street Pontiac, IL 61764

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FOX'S MOBILE HOME

Multi Family Housing for Sale in Pontiac, Illinois

1037 East Water Street
Pontiac, IL 61764

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Mobile Home Park for Sale

Number of MH Lots: 61
Size: 4.5 acre(s)
Cap Rate: 11.0%
Purchase Method: Cash
Status: Active
Property ID: 394202
Posted on: Aug 15, 2013
Updated on: Jan 08, 2014

Property Description

51 LOT MOBILE PARK ON NORTH SIDE OF PONTIAC, IL AND A 20 LOT PARK ON THE EAST SIDE OF PONTIAC. ALL GOES TOGETHER BOTH PARKS. APPRAISE VALUE $780,000 BUT ASKING $680,000.

Park Information

Number of MH Lots:61
Total Occupancy:87.0%
Average MH Lot Rent: $350
Size:4.5 acre(s)

Financial Information

Gross Income$251
Operating Expense$111
Net Operating Income$140
Expense Ratio 44.2%
Debt Info

Lot Information

Singlewide Lots:60
Doublewide Lots:11

Utility Information

Water:City
Water Paid By: Park
Sewer:City

Amenities and Other

Laundromat: Yes
Storage: Yes




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