Contact Information

Mobile Home Park Details

  • Price: $258,000
  • Property ID: 1087058
  • Posted on May 29, 2019

Property Description

• Opportunity to purchase an all age, two-star community with a value-add component to continue filling sites as the property is only 33% occupied. There
is tremendous demand for affordable housing in the area.
• The park could benefit substantially from the implementation of a home program. Bringing occupancy to 51% by filling just nine sites would add over $30,000 in annual site rent with minimal increase to expenses.
• The owner is open to selling the vacant land just north of the park to an investor for potential expansion, but will consider offers for just the park as well.
• There is a Tyson Meats processing plant located just over four miles from the park which employs over 2,000 local residents. The plant produces fresh beef and beef by-products, such as tanned cattle hides, for domestic and international customers.
• The Quad City International Airport is located just over 30 minutes from the community and offers direct daily flights to Chicago, Dallas-Fort Worth, Atlanta, Detroit, Minneapolis-St. Paul, and Denver.
• Within a five-mile radius of the community, the median household income is $61,120, and the median home value is $162,241.

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Park Information

Community Type: All Age
Number of MH Lots: 43
Total Occupancy: 32.6 %
Average MH Lot Rent: $279
Size: 19.1 acre(s)

Utility Information

Water: Well
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0

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