Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 6873920
- Posted On: Apr 21, 2025
- Updated On: Oct 20, 2025
Description
Price Reduced! Appealing mobile home community investment. The property features 22 sites, and offers upside through infill of spaces currently vacant. The property is on all public utilities. Unit mix includes several double-wide homes. IL Broker of Record: John Sheahan, Jr. of NAI DESCO.
Location
Charleston has great economic drivers. It is home to Easter Illinois University and several manufacturing and industrial employers. Other area employers also include Sarah Bush Lincoln Health Center and Walmart Supercenter.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 68.2 % |
| Size: | 3 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | City |
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