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Bel-Bo Mobile Home Park

Manufactured Home Community for Sale in Belvidere, Illinois

1211 W Locust Street
Belvidere, IL 61008

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This Mobile Home Park is Off Market

View more Mobile Home Parks for Sale in Belvidere, IL.

Mobile Home Park for Sale

Number of MH Lots: 28
Size: 2.7 acre(s)
Status: Off Market
Property ID: 829477
Posted on: Jul 05, 2017
Updated on: Sep 25, 2017

Property Description

Bel-Bo is a 28 space, all-age community located in Belvidere, IL, less than 15 miles east of Rockford and 80 miles northwest of Chicago. The property is currently operating at 100% economic occupancy at $315 lot rents. Effective 8/1/17, lot rents will increase to $330. Water and sewer are provided by the city, individually metered, and billed back to residents. Trash service is included in the rent. Included in the sale is a block-built building which currently houses the management office, maintenance living quarters, storage, and laundry facilities.

100% Occupied Municipal Water and Sewer All Resident Owned Homes Upside Through Future Rental Growth

Park Information

Number of MH Lots:28
Total Occupancy:100.0%
Year Built:1950
Average MH Lot Rent: $315
Size:2.7 acre(s)

Utility Information

Water Paid By: Tenant - Submetered

Amenities and Other

Laundromat: Yes