Contact Information

Property Description

Sunstone is pleased to exclusively offer a portfolio of five manufactured housing communities located along the Interstate 80 corridor in the Ottawa-Peru MSA, 80 miles from Chicago. Totaling 222 rental sites, the portfolio is currently operating at 75% economic occupancy. Additional rental revenue is obtained from a store, stick built home, and 7 apartments/cabins. All properties are serviced by city water and sewer except Datti's which has well and septic. Tenants are billed back for water and sewer at all properties except Datti's and Lucas. The properties must be purchased as a portfolio, but offer significant upside through occupancy of vacant homes and lots. All assets can be operated together giving economies of scale.

Mobile Home Park Details

  • Price: $3,950,000
  • Property ID: 926456
  • Posted on May 9, 2018
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Park Information

Community Type: All Age
Number of MH Lots: 222
Total Occupancy: 75.0 %
Average MH Lot Rent: $279
Size: 30.0 acre(s)

Map

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