Mobile Home Park
Lakeside Estates
1 Elmira Ct, Bloomfield, IA 52537
Listing Price: $897,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a Manufactured Housing Community Portfolio located in Illinois and Iowa. The portfolio contains a total of 377 sites with a global occupancy of 76 percent. All of the communities are serviced by public water and public sewer. With a global occupancy of 76 percent and an average rent of approximately $397, a new operator can implement an aggressive sales program to fill the vacant sites. The portfolio can be purchased all together or in trenches by state.
Lakeside Estates
Investment Highlights
- Four Manufactured Housing Communities Located Throughout Illinois and Iowa
- All of the Communities Are Serviced by Public Water and Sewer
- Seller Would Prefer to Sell the Entire Portfolio to One Buyer. However, There is an Opportunity to Purchase Sub-Portfolios by State
Broker of Record
Financing By
Listing Price: $897,000
Investment Highlights
- Four Manufactured Housing Communities Located Throughout Illinois and Iowa
- All of the Communities Are Serviced by Public Water and Sewer
- Seller Would Prefer to Sell the Entire Portfolio to One Buyer. However, There is an Opportunity to Purchase Sub-Portfolios by State
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a Manufactured Housing Community Portfolio located in Illinois and Iowa. The portfolio contains a total of 377 sites with a global occupancy of 76 percent. All of the communities are serviced by public water and public sewer. With a global occupancy of 76 percent and an average rent of approximately $397, a new operator can implement an aggressive sales program to fill the vacant sites. The portfolio can be purchased all together or in trenches by state.
Broker of Record
Financing By
