Contact Information

Jon Fisher
License: 471.020503 (IL) 18000549 (IN) 117228 (SC)

Mobile Home Park Details

  • Price: $150,000
  • Purchase Method: Cash
  • Cap Rate: 0.0%
  • Property ID: 1938933
  • Posted On: Nov 23, 2022
  • Updated On: Dec 12, 2022

Property Description

This is a 4.70 acre redevelopment project in the middle of a residential area in Mattoon, IL. It was previously licensed as a 42- pad MHP. Although it is zoned R1, the city of Mattoon says it can be redeveloped as a MHP and still be conforming. There are currently 32 trailers left on the property that will need to be removed. The roads are in average/fair condition. The water, sewer, & electrical are older and might possibly need to be updated.

Location

Mattoon is a city in Coles County, Illinois. The population was 16,870 as of the 2020 census. The city is home to Lake Land College and has close ties with its neighbor, Charleston (home of Eastern Illinois University). Both are principal cities of the Charleston–Mattoon Micropolitan Statistical Area.

Mattoon is located:
12 miles from Charleston, IL
28 miles from Effingham, IL
51 miles from Champaign, IL
125 miles from St. Louis, MO
130 miles from Indianapolis, IN
184 miles from Chicago, IL

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Park Information

Number of MH Lots: 42
Total Occupancy: 0.0 %
Average MH Lot Rent: $0
Size: 5 acre(s)

Financial Information

Gross Income $0
Operating Expense $0
Net Operating Income $0
Debt Info

Lot Information

Singlewide Lots: 42

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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