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

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 %
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

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