Confidential Illinois Mobile Home Park Investment Opportunity
$1,300,000
49
Total Lots
Confidential
State
478.027711
BOR Number
Active
Status
About This Property
Strategically positioned along the I-57 corridor in Central Illinois, this 49-site manufactured housing community presents a rare value-add opportunity combining immediate cash flow with multi-faceted equity upside. The property features a substantial inventory of vacant homes prime for immediate renovation and infill, establishing a direct pathway to accelerate Net Operating Income (NOI) growth. Backed by below-market lot rents and sustained regional demand for quality workforce housing, this asset enables an investor to maximize long-term returns through targeted home repositioning and operational optimization.
Investment Highlights
- ✅ Strong Occupancy Base with 34 Paying Residents
- ✅ Affordable Rent Structure Supporting Long-Term Demand
- ✅ Immediate Value-Add Opportunity Through Home Turnaround Program
- ✅ Growing Demand for Workforce Housing Throughout Central Illinois
- ✅ Multiple Paths to Revenue and NOI Growth
- ✅ Attractive Basis Relative to New Development Costs
- 🌎 Strategic Central Illinois Location
- 🏭 Diverse Employment Drivers
- 📈 Economic Stability
Contact the listing broker for a full offering memorandum, financials, and due diligence package.
Jennifer Stein, Broker
Jennifer Stein Real Estate, Inc.
IL LIC #478.027711
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