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Mobile Home Park

Country Village Estates

151 Hoffman Rd, Murphysboro, IL 62966

Listing Price: $1,200,000

Cap Rate
7.40%
Number of Spaces
63
Lot Size
25.00 acres
Occupancy
79.3%
Price/Space
$19,048
Spaces/Acre
2.52
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to present this Country Village Estates, a 63-space manufactured housing investment located at 151 Hoffman Road in Murphysboro, Illinois.

The property is comprised of 50 tenant-owned homes, two park-owned homes, four vacant lots, four vacant park-owned homes that are ready to rent and one vacant park owned home that needs renovation. Country Village Estates has a lagoon and public water.

This investment offers an investor the opportunity to acquire two well-maintained assets with the ability to add value by raising rents and adding manufactured houses to fill vacancies.

Investment Highlights

  • 63 Total Spaces
  • Country Village Estates has a Lagoon and Public Water
  • Ability to Add Value By Raising Rents and Adding Manufactured Houses to Fill Vacancies
  • Located in Southern Illinois
  • Murphysboro is Close to Taco Bell, KFC, Subway and Walmart
  • Easy Access to Route 149 and Route 127
  • Murphysboro Employment Outlets include Illinois Department of Transportation, Veterans Affairs US Department, and Penn Aluminum Intl LLC

Exclusively Listed By

Mobile Home Park

Country Village Estates

Listing Price: $1,200,000

Cap Rate
7.40%
Number of Spaces
63
Lot Size
25.00 acres
Occupancy
79.3%
Price/Space
$19,048
Spaces/Acre
2.52
Year Built
1970

Investment Highlights

  • 63 Total Spaces
  • Country Village Estates has a Lagoon and Public Water
  • Ability to Add Value By Raising Rents and Adding Manufactured Houses to Fill Vacancies
  • Located in Southern Illinois
  • Murphysboro is Close to Taco Bell, KFC, Subway and Walmart
  • Easy Access to Route 149 and Route 127
  • Murphysboro Employment Outlets include Illinois Department of Transportation, Veterans Affairs US Department, and Penn Aluminum Intl LLC

Investment Overview

Marcus & Millichap is pleased to present this Country Village Estates, a 63-space manufactured housing investment located at 151 Hoffman Road in Murphysboro, Illinois. The property is comprised of 50 tenant-owned homes, two park-owned homes, four vacant lots, four vacant park-owned homes that are ready to rent and one vacant park owned home that needs renovation. Country Village Estates has a lagoon and public water. This investment offers an investor the opportunity to acquire two well-maintained assets with the ability to add value by raising rents and adding manufactured houses to fill vacancies.

Exclusively Listed By

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