Country Gardens
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7 additional acres
Contact Information
Terry Converse
Delta Properties
Delta Properties
Mobile Home Park Details
- Price: $495,000
- Purchase Method: Cash, New Loan
- Listing ID: 782424
- Posted On: Feb 3, 2017
- Updated On: Nov 3, 2017
Description
GREAT OPPORTUNITY TO ADD UNITS AND INCREASE INCOME.
Country Gardens Park is located in West Central Illinois only 15 miles from Macomb. (home of Western Illinois University). The park has 63 pads on 7 acres. Currently, there are 24 occupied lots with 4 POH's.
There is an additional 7 acres of contiguous land currently used as farm land that could be developed into additional lots.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 63 |
| Total Occupancy: | 38.0 % |
| Average MH Lot Rent: | $200 |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $56 |
| Operating Expense: | $22 |
| Net Operating Income: | $34 |
| Expense Ratio: | 39.3 % |
Lot Information
| Singlewide Lots: | 63 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $350 |
