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Address is 601 E. Osborne St. Bushnell, IL 61422

Terry Converse

Delta Properties

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Country Gardens

Mobile Home Community for Sale in Bushnell, Illinois

601 E. Osborne St.
Bushnell, IL 61422

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Sale Price: $495,000

Contact Information

Terry Converse
Delta Properties

Mobile Home Park for Sale

Number of MH Lots: 63
Size: 7 acre(s)
Purchase Method: Cash, New Loan
Status: Active
Property ID: 782424
Posted on: Feb 03, 2017
Updated on: Nov 03, 2017
Price: $495,000

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.

Park Information

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 Paid By: Park

Park-Owned Homes

Number of Park-owned Homes:5
Average Rent for Park-owned Homes: $350