3450 Old Route 51 Hwy

    SANDOVAL, IL 62882
    • $215,000
    • STATUS: Active
    • ON SITE: 198 days
    • ID#: 18072959
    UPDATED: 28 min ago
    $215,000
    • 0
      BEDS
    • 8.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Rare chance to purchase a mobile home park with 57 licensed lots. All of the lots are individually metered for electric and the pads are in place. Their are currently 13 park owned homes which rent for an average of approximately $350 per month and 9 tenant owned homes which rent for an average of approximately $190 per month.The park is in need of some cleanup but all systems are in place to have a productive park, move in more units and create more value. This is an ideal location for a mobile home park with three wal-marts being located with in a 5-10 mile radius and centrally located between Carlyle, Centralia and Salem.Streets are maintained by the city, its on public water/sewer and did I mention their are 57 licensed lots. Plenty of room to expand and grow this into a large mobile home operation.

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-03-26T13:49:34.327.

    Keller Williams Realty West: 636-229-8583
    www.searchallstlouishomes.com/homes/87311923

    3450 Old Route 51 Hwy SANDOVAL, IL 62882

    • Price: $215,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 18072959
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8.41
    Acres
    1962
    Built
    Neighborhood:
    Colonial Estates Mobile Home Park
    County:
    Marion-Il
    Elementary School:
    Sandoval Dist 501
    Middle School:
    Sandoval Dist 501
    High School:
    Sandoval
    School District:
    Sandoval Dist 501
    Property Description
    Rare chance to purchase a mobile home park with 57 licensed lots. All of the lots are individually metered for electric and the pads are in place. Their are currently 13 park owned homes which rent for an average of approximately $350 per month and 9 tenant owned homes which rent for an average of approximately $190 per month.The park is in need of some cleanup but all systems are in place to have a productive park, move in more units and create more value. This is an ideal location for a mobile home park with three wal-marts being located with in a 5-10 mile radius and centrally located between Carlyle, Centralia and Salem.Streets are maintained by the city, its on public water/sewer and did I mention their are 57 licensed lots. Plenty of room to expand and grow this into a large mobile home operation.
    Exterior Features

    Construction Other Location Rural Lot Dimensions 8.41 Ac Parking Description On Street Parking

    Interior Features

    Cooling Window Unit(S) Heat Source Electric Heating Forced Air Water Heater Electric

    Property Features

    Assoc Fee 0 Assoc Fee Paid None Association Realtor Association Of Southwestern Illinois Conditions Unknown Disclosures Sellers Discl. Avail Gross Operating Income 70000.00 Lot Size Source County Records Net Income 25000.00 Occupant Type Tenant Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms AssumptionCashConventionalPrivateSeller Assist Sewer Public Special Description Other Special Listing Conditions None Tax Year 2017 Taxes Paid 8415 Tenancy Type Month To Month Tenant Pays Cable Tv/SatelliteElectricGas Total Expenses 45000.00 Transaction Type Sale Type Other Water Public

    Listing provided courtesy of Real Broker Llc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-03-26T13:49:34.327.

    Keller Williams Realty West: 636-229-8583
     
    Keller Williams Realty West
    856 Waterbury Falls Drive
    O'Fallon MO, 63368