The Park at Clark's Run | 500 E. Church St
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The Park at Clark's Run 500 E. Church St
10 Unit Mobile Home Park $399,000 ($39,900/Unit) Utica, IL 61373
Investment Highlights
- *Highly profitable
- Owner will train/assist new owner
- Range from 750-1200 sq. ft.
- Additional garage has office and storage, could rent to small business
- 10 mobile homes owned by park owner
- An additional garage unit with an office is currently used for storage, but could be rented to a small business
Executive Summary
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.
Property Facts
Price | $399,000 | Property Subtype | Manufactured Housing/Mobile Home |
Price Per Unit | $39,900 | Lot Size | 5.99 AC |
Sale Type | Investment | Building Size | 261,000 SF |
Sale Conditions | Business Value Included | No. Stories | 1 |
No. Units | 10 | Year Built | 1972 |
Property Type | Multifamily |
Price | $399,000 |
Price Per Unit | $39,900 |
Sale Type | Investment |
Sale Conditions | Business Value Included |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Manufactured Housing/Mobile Home |
Lot Size | 5.99 AC |
Building Size | 261,000 SF |
No. Stories | 1 |
Year Built | 1972 |
PROPERTY TAXES
Parcel Number | 19-16-155-000 | Improvements Assessment | $0 |
Land Assessment | $2,177 | Total Assessment | $2,177 |
PROPERTY TAXES
Parcel Number
19-16-155-000
Land Assessment
$2,177
Improvements Assessment
$0
Total Assessment
$2,177
zoning
Zoning Code | R (Residential) |
R (Residential) |
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The Park at Clark's Run | 500 E. Church St
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