500 E. Church St - Manufactured Housing/Mobile Housing FOR SALE


Utica, IL 61373
$399,000 USD
815-228-3721
500 E. Church St, Utica, IL for Sale
$399,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/1
null | Request Cap Rate

500 E. Church St
Utica, IL 61373


HIGHLIGHTS

  • *Highly profitable
  • Additional garage has office and storage, could rent to small business
  • Owner will train/assist new owner
  • 10 mobile homes owned by park owner
  • Range from 750-1200 sq. ft.
  • An additional garage unit with an office is currently used for storage, but could be rented to a small business

OVERVIEW

10 mobile homes are owned by the mobile home park owner. Mobile homes range in size from 750 - 1200 sq. ft. 8 are currently rented. One is currently vacant and the tenth mobile home is currently used for storage but could be converted into 2, 1 bedroom 1 bath units. Mobile home park owner rents 4 lots to individual mobile home owners, one of whom is not paying rent. An additional garage unit with an office is currently used for storage, but could be rented to a small business. The mobile home park is consistently highly profitable. The owner is available to review the financials and is available to train/assist the new owner. Parcel is in a flood plain.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$2 USD /SF

# OF UNITS

10

PRICE/UNIT

$39,900

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Park at Clark's Run

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.99 AC

LAND SF

260,924 SF

ZONING

R

APN/PARCEL ID

19-16-155-000

ASK ABOUT THIS PROPERTY

Mark JankoJanko Realty & DevelopmentMore Info
815-228-3721

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Mark JankoJanko Realty & DevelopmentMore Info
815-228-3721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.