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Mobile Home Park Details

  • Price: $1,995,000
  • Property ID: 1126280
  • Posted On: Aug 26, 2019
  • Updated On: Nov 14, 2019

Property Description

Sunstone is pleased to exclusively offer for sale Watch-E-Kee & Sugar Creek Manufactured Home Communities. The properties are located within 2 miles of each other in the north eastern Illinois city of Wastseka, the county seat for Iroquois County. Watch-E-Kee consists of 64 home sites; Sugar Creek consists of 46 home sites. Combined, the assets contain 110 developed sites with an occupancy of 84%. Watch-E-Kee is on Well/Septic; Sugar Creek is on Municipal Water/Sewer. The properties can be operated together giving economies of scale. The existing 11 home chattel portfolio to be purchased in conjunction with the real estate.

Park Sale Price: $1,900,000
Homes Sale Price: $95,000
Total Sale Price: $1,995,000

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Park Information

Community Type: All Age
Number of MH Lots: 110
Total Occupancy: 84.0 %
Average MH Lot Rent: $258
Size: 26.3 acre(s)

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