Contact Information

Terry Converse

Delta Properties

Mobile Home Park Details

  • Price: $495,000
  • Purchase Method: Cash, New Loan
  • Property ID: 782424
  • Posted On: Feb 3, 2017
  • Updated On: Nov 3, 2017

Property 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: 7.0 acre(s)

Financial Information (Actual)

Gross Income $56
Operating Expense $22
Net Operating Income $34
Expense Ratio 39.3 %
Debt Info

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

Download Documents

Similar Mobile Home Parks for Sale