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Cornerstone Mobile Home Park 1400 N Illinois Ave 400 Unit Mobile Home Park $5,511,920 CAD ($13,780 CAD/Unit) Carbondale, IL 62901
Investment Highlights
- Nice quite park with trees and big yards
- Great Tenants and Manager in place
- Upscale Homes
Executive Summary
400-Space Mobile Home Park – Carbondale, IL
Call 209-996-4075 or 209-408-7788 for more information.
Rare opportunity to acquire a 400-space mobile home park located in Carbondale, IL ; the county seat and home of Southern Illinois University. This well-maintained community features a mix of tenant-owned homes, park-owned homes, and vacant lots, providing a strong base with tremendous upside potential.
Current ownership has begun an effective plan of renovating and renting vacant homes and plans to infill additional units into empty lots. A new owner can continue this strategy to dramatically increase cash flow and long-term value.
With its college-town location, large scale, and significant growth opportunity, this property represents a standout investment in the manufactured housing sector.
Owner Financing available.
Call 209-996-4075 or 209-408-7788 for details and more information
Call 209-996-4075 or 209-408-7788 for more information.
Rare opportunity to acquire a 400-space mobile home park located in Carbondale, IL ; the county seat and home of Southern Illinois University. This well-maintained community features a mix of tenant-owned homes, park-owned homes, and vacant lots, providing a strong base with tremendous upside potential.
Current ownership has begun an effective plan of renovating and renting vacant homes and plans to infill additional units into empty lots. A new owner can continue this strategy to dramatically increase cash flow and long-term value.
With its college-town location, large scale, and significant growth opportunity, this property represents a standout investment in the manufactured housing sector.
Owner Financing available.
Call 209-996-4075 or 209-408-7788 for details and more information
Property Facts
| Price | $5,511,920 CAD | Building Class | C |
| Price Per Unit | $13,780 CAD | Lot Size | 60.00 AC |
| Sale Type | Investment | Building Size | 4,240 SF |
| No. Units | 400 | Average Occupancy | 30% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1969 |
| Zoning | Comm | ||
| Price | $5,511,920 CAD |
| Price Per Unit | $13,780 CAD |
| Sale Type | Investment |
| No. Units | 400 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 60.00 AC |
| Building Size | 4,240 SF |
| Average Occupancy | 30% |
| No. Stories | 1 |
| Year Built | 1969 |
| Zoning | Comm |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
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Cornerstone Mobile Home Park | 1400 N Illinois Ave
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