Contact Information
Kris Wessel
NAI Martens

Mobile Home Park Details
- Price: $3,550,000
- Purchase Method: Cash
- Listing ID: 6785854
- Posted On: Dec 10, 2024
- Updated On: Apr 27, 2025
Description
227 Spaces in 3 Communities located in the Carbondale, IL Metro Area. The properties are on public utilities, except for each utilizes lagoons for sewer. These communities offer spacious layouts, and come with minimal park owned homes. There is abundant upside available through rent growth and infill of vacant pads. The seller has recently completed installs of sub-meters, which will provide a sizable expense reduction for the new owner. There was ample recent cap-ex completed (including paving), which will give the next owner a great starting point to continue infill. There are 119 occupied sites and a total rent roll of $42K per month in lot rent, once rental increases take effect on July 1, 2025.
Broker of Record is John Sheahan, Jr. of NAI DESCO.
Location
Carbondale-Marion Metro - 134K Population. Carbondale is the county seat for Jackson County and anchored by Southern Illinois University (SIU). Other large employment sectors in Carbondale are medical and manufacturing.
Park Information
Community Type: | All Age |
Number of MH Lots: | 227 |
Total Occupancy: | 52.4 % |
Average MH Lot Rent: | $342 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |