Coachlight Mobile Home Park is a 45 unit park that is IDEAL for the first time investor. It is very easy to manage as the residents pay Water, Sewer, Gas, and Electric directly to the City of Tilton. In addition the park boasts nice homes, great tenants and high collections.
Upon the sale of the park 44 of the 45 lots will be occupied. There are 5 homes/notes included in the purchase and only 1 lot left to fill. Three of the units are in progress now and we have people interested once they are ready to go. Coachlight MHP is located in a country setting near Danville, IL. Lot rent is $170 per month and can easily be boosted $5 to $10 per year as it is still very affordable for the residents. There is also an office space that may be able to be converted to an apartment for additional income.
Don’t miss out on this opportunity!