Contact Information

Property Description

Eastern Estates is a 67 unit manufactured home community located in Charleston, Illinois, county seat of Coles county and home to Eastern Illinois University which has over 12,000 students. The property has seen high demand for affordable housing and is currently operating at 88% occupancy. The property also maintains a  large waiting list of tenants looking for homes. In addition, city water and sewer service are directly billed to tenants by the city, and the community provides trash pickup as part of the rent. The property backs up to a public park and baseball field. The property is being sold in conjunction with the portfolio of home contracts and rental homes.

Mobile Home Park Details

  • Price: $1,425,000
  • Property ID: 977222
  • Posted on Aug 7, 2018
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Park Information

Community Type: All Age
Number of MH Lots: 67
Total Occupancy: 88.0 %
Year Built: 1970
Average MH Lot Rent: $275
Size: 6.9 acre(s)

Utility Information

Water: City
Sewer: City

Map

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