Mobile Home Park Details

  • Price:
  • Purchase Method: Cash, New Loan
  • Property ID: 957958
  • Posted on Jun 13, 2018

Property Description

Please click here to learn more on how to bid! https://www.fineandcompany.com/auctions/property/hodgkins-manufactured-housing-community

Valley Oaks Mobile Home Community, 130 Usable Homesites & 2 Park Owned Homes

Sold subject to a Minimum Bid of $6,550,000

CAP Rate at Min Bid 9.2%

Well located near Interstate 55 (Stevenson Expressway) and IL-45 - There is plenty of nearby shopping including, Target, Sam's Club, Kohl's AMC Movie Theaters, Menards, Theodore Stone and Arie Crown Forest Preserve as well as easy access to Interstate 55

2017 NOI - $601,000

Valley Oaks MHC is a successful MHC. Located in Chicago's southwest suburb of Hodgkins.

Inspections: 10:30 A. M. - July 10, 24, & 31. Please note: Inspections begin promptly. Please give us a call at 312.278.0600 extension 101 in advance of the inspection to let us know you will be attending and to send you more information.

A Bidder's Information Packet is required to bid. The packet includes: auction and property information, title report, survey, real estate tax bill, local information, auction purchase and sale agreement, and terms of sale.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 130

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