This turnkey investment features 8 spacious sites, including 5 tenant-owned homes paying lot rent, 2 additional income-producing sites leased for parking/storage, and 1 vacant site offering immediate upside potential.

The property is served by public water and sewer, with all utilities billed directly to and paid by residents. There are no park-owned homes, significantly reducing maintenance obligations and management complexity. Tenants maintain their own lots and grounds, creating a low-maintenance ownership experience.

Current lot rents range from $175-$200 per month and remain below market levels, providing future income growth opportunities through gradual rent increases and infill of the vacant site.

Property Highlights
Public streets (no plowing or road maintenance)
8 total large sites
5 tenant-owned homes
2 income-producing parking/storage rentals
1 vacant lot with expansion potential
Public water and sewer
Utilities paid directly by residents
No park-owned homes
Entire block surrounded by city-maintained streets
Minimal owner maintenance responsibilities
Below-market lot rents with upside potential
Stable cash flow and long-term tenants
Approximately 25 miles from Bloomington-Normal
Community amenities include parks, schools, and a public swimming pool

This property offers investors a rare combination of stable income, limited management requirements, public utilities, and multiple avenues for future revenue growth.