Mobile Home Park
Old State Village Mobile Home Park
5294 Old State Rd, Mattoon, IL 61938
Listing Price: $2,300,000
Investment Overview
Marcus & Millichap is pleased to present Old State Village Mobile Home Park, a 200-spaces manufactured housing investment located at 5294 Old State Road in Mattoon, Illinois. The property is comprised of 55 tenant-owned homes, five park-owned homes, 124 vacant lots, 15 vacant park-owned homes that need renovation, and one tenant-owned home on contract. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.
Old State Village Mobile Home Park
Investment Highlights
- 200 Total Spaces, 55 Tenant-Owned Homes, Five Park-Owned Homes, 124 Vacant Lots, 15 Vacant Park-Owned Homes (Needs Renovation), One Tenant-Owned Home on Contract
- 23.59 Total Acres
- Ability to Add Value By Raising the Rents and Adding Mobile Homes to Fill Vacancies
- Easy Access to Interstate 57 and Route 45
- Located in Central Illinois
- Numerous Retail and Dining Options Nearby
- Close to a Variety of Employment Outlets
Exclusively Listed By
Listing Price: $2,300,000
Investment Highlights
- 200 Total Spaces, 55 Tenant-Owned Homes, Five Park-Owned Homes, 124 Vacant Lots, 15 Vacant Park-Owned Homes (Needs Renovation), One Tenant-Owned Home on Contract
- 23.59 Total Acres
- Ability to Add Value By Raising the Rents and Adding Mobile Homes to Fill Vacancies
- Easy Access to Interstate 57 and Route 45
- Located in Central Illinois
- Numerous Retail and Dining Options Nearby
- Close to a Variety of Employment Outlets
Investment Overview
Marcus & Millichap is pleased to present Old State Village Mobile Home Park, a 200-spaces manufactured housing investment located at 5294 Old State Road in Mattoon, Illinois. The property is comprised of 55 tenant-owned homes, five park-owned homes, 124 vacant lots, 15 vacant park-owned homes that need renovation, and one tenant-owned home on contract. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.
Exclusively Listed By
