Mobile Home Park
We are offering up for immediate assignment a 20 Pad IL unit long-term mobile home park in Pana, IL. With room for more with recent acquisition of neighboring land parcel that is included in the sale.
This park isn’t fully occupied and still has an 8.7% CAP rate. Very little work required to get this property to a double digit CAP rate investment. Projections included in prospectus.
Asking price is $450,000. Includes assignment fee.
If you’re interested, contact me at email@example.com or (314) 246-9649.
Closing Date is April 3rd.