Commercial Real Estate in Illinois available for sale
Mobile Home and RV Parks For Sale

Mobile Home and RV Parks for Sale in Illinois, USA

More details for 3955 Blackburn Rd, Edwardsville, IL - Land for Sale

3955 Blackburn Road - 3955 Blackburn Rd

Edwardsville, IL 62025

  • Mobile Home and RV Park
  • Land for Sale
  • $1,055,731 CAD
  • 5.62 AC Lot
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More details for 2495 N Hill Ave, Decatur, IL - Multifamily for Sale

2495 N Hill Ave

Decatur, IL 62526

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $347,875 CAD
  • 1,000 SF

Decatur Multifamily for Sale

Decatur Mobile Home Court is an 18-pad manufactured housing community located in Decatur, Illinois. The park spans approximately 17.25 acres and is zoned commercial, offering flexibility for future use. While a portion of the property lies within a designated flood zone, the developed area where the homes sit is outside the floodplain. The community was originally developed in the 1950s and maintains the character of a traditional, small-town mobile home park with wide spacing, mature trees, and a quiet rural setting near the edge of the Decatur metro. The current owners purchased the park roughly a year and a half ago as part of a four-park portfolio. Their goal was straightforward—clean it up, stabilize occupancy, and prepare it for sale. Since taking over, they’ve made visible improvements including selective tree removal, electrical upgrades, and rehabilitation work on several homes. The park is now positioned for a new owner to continue the stabilization process and capture the upside that remains. The community operates on private well and septic systems. Trash service is provided by the park, while gas and electric are individually metered and billed directly to tenants. The underground pipe material is unknown, and the electrical pedestals’ amp ratings haven’t been verified. Roads within the park are gravel and described by ownership as being in “fair to poor” condition but functional. The owner currently maintains the roadways, while tenants mow their own spaces. Snow removal is handled by an outside contractor on an as-needed basis. The park consists of a variety of pad sizes, including one oversized 80’×80’ site, three 80’×30’, two 70’×30’, six 65’×30’, and six 45’×30’. At present, eight of the 18 pads are occupied. There are three vacant trailers on site, though the condition and readiness of those units for occupancy is uncertain, and one home at Lot 12 is likely a teardown. Importantly, there are no park-owned homes, which keeps the operation simple and minimizes management and maintenance exposure. The average pad rent is $400 per month, with the last increase implemented in October 2025. The park uses monthly leases, with tenants paying rent online or through the on-site manager. Two tenants are currently behind on rent, but the park does have both a manager and a maintenance person in place to oversee daily operations. Offstreet parking is provided for all sites. Overall, Decatur Mobile Home Court would be considered a B- to C+ grade community—older, but serviceable and with a good foundation. The next owner will find meaningful upside through occupancy growth, cosmetic upgrades, and road improvements. With a large 17.25-acre footprint and commercial zoning, there’s also some long-term flexibility for expansion or redevelopment should market conditions allow. The current owner is open to offers that include seller financing, although his preference would be a cash sale. Given the manageable size and stable infrastructure, this property fits nicely as a first-time park acquisition or a small portfolio addition for an experienced operator seeking value-add potential in a steady Midwestern market. Decatur sits in the heart of central Illinois and serves as the seat of Macon County. The city has a long history rooted in manufacturing and agriculture and remains home to major employers such as ADM, Caterpillar, and Primient (formerly Tate & Lyle). The city’s industrial economy is supported by the Midwest Inland Port—a multimodal logistics hub that connects Decatur by rail and highway to the rest of the Midwest. Affordable housing continues to perform well across the Decatur area as rising rents and limited new development keep demand steady for manufactured housing. The park’s location provides quick access to major employers while maintaining a quiet setting removed from heavy traffic. Decatur Mobile Home Court offers investors a manageable, well-located community with tangible upside and minimal park owned home exposure. With occupancy to grow, modest rents, and infrastructure already in place, it’s the type of property that can deliver both short-term returns and long-term stability in a market known for consistent workforce housing demand. Location: Decatur is the largest city in Macon County, Illinois, and its county seat. The city was founded in 1829 and is situated along the Sangamon River and Lake Decatur in Central Illinois. As of the 2020 census, it had a population of 70,522. It is the 17th-most populous city in Illinois and the sixth-most populous outside the Chicago metropolitan area. Decatur has an economy based on industrial and agricultural commodity processing and production. The city is home to Millikin University and Richland Community College. The median home cost in Decatur is $83,400. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Decatur is up 11.6%. Renters make up 33.6% of the Decatur population. The average 1-bedroom unit rents for $730/month. The average 2-bedroom unit rents for $890/month. The average 3-bedroom unit rents for $1,240/month. The average 4-bedroom unit rents for $1,320/month. Decatur has an unemployment rate of 10.3%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%. The Median household income of a Decatur resident is $45,111 a year. The US average is $69,021 a year. Decatur violent crime is 31.4. (The US average is 22.7) Decatur property crime is 47.1. (The US average is 35.4)

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2025-11-07

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More details for 225 S Barnett, Nauvoo, IL - Multifamily for Sale

225 S Barnett

Nauvoo, IL 62354

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $1,182,775 CAD
  • 169,448 SF

Nauvoo Multifamily for Sale

Nauvoo Mobile Home Park is a well-maintained, 25-pad manufactured housing community located in the historic river town of Nauvoo, Illinois. Situated on 3.89 acres and zoned commercially for manufactured housing, the property presents a stable, income-producing investment with immediate upside potential through infill opportunities. Believed to have been established approximately 70 years ago, the park has stood the test of time in a community that continues to draw steady regional interest for its quality of life, affordability, and tourism appeal. Nauvoo sits along the scenic Mississippi River in Hancock County, Illinois, roughly 90 miles west of Peoria and 45 miles southwest of Burlington, Iowa. Best known for its deep historical ties to the Church of Jesus Christ of Latter-day Saints (LDS), Nauvoo attracts hundreds of thousands of visitors each year who come to tour the beautifully restored Nauvoo Temple, pioneer-era homes, and living-history sites. Tourism supports a vibrant small-town economy with restaurants, shops, and lodging catering to both visitors and residents. Beyond its religious tourism base, the area also offers river recreation, wineries, and local festivals, providing year-round activity and stability for the local housing market. The park’s current owner has held the property for a little over a year and is selling as part of a broader asset repositioning strategy. The community is not located in a flood zone, and its commercial zoning ensures the continued legal operation of the park. Nauvoo MHP currently operates with 25 total pads, 21 of which are occupied, offering a high occupancy rate and immediate cash flow. The property is professionally managed with both an on-site manager and an on-site maintenance man providing consistent oversight and upkeep. Of the 25 pads, 18 are tenant-owned homes (TOHs) and 3 are park-owned homes (POHs). The average pad rent is $300 per month, with the most recent increase effective August 1, 2025. The three POHs rent for an average of $650 per month, with the owner holding clear titles to all. The last rent increase for the park-owned homes occurred on May 1, 2025. The park maintains 100% current rent collections, and all tenants are on written leases. Rent payments are accepted via Cash App, Venmo, and traditional checks, providing convenience and consistent collections. There are no tenants behind on rent at this time. No units are being held for back taxes. The park is connected to city water and city sewer, both of which are paid by the park. Garbage service is also provided. The underground water and sewer lines are believed to be PVC, ensuring durability and reduced maintenance costs. Each pad has individual electric and gas meters, and tenants are billed directly by the utility providers. While there are no water meters installed at each pad and no RUBS or back-billing, the system is fully functional and easily adaptable for future meter installations. The electrical pedestals are rated at 100 amps. Roads within the park are gravel and considered to be in good condition, with maintenance handled by the park. Tenants mow their own lots, while the park mows the common areas and vacant pads, and the on-site maintenance man provides snow removal as needed. The current owner has renovated three homes during his ownership, improving the overall quality and appearance of the community. He notes that if he were to retain the property, his next step would be to add two homes on the remaining vacant pads to achieve full occupancy. All existing trailers are in place and no removals are required, with one trailer currently vacant and ready for occupancy. Nauvoo MHP offers investors a stable and straightforward acquisition in a tight-knit, tourism-supported community. The park’s strong collections, reliable tenancy, and public utilities provide a low-maintenance investment with room for incremental income growth through modest rent increases or full occupancy. With its established infrastructure, local management in place, and proximity to one of Illinois’ most visited historic towns, this property combines dependable cash flow with long-term appreciation potential. There are no assumable loans or creative financing structures in place for this MHP; the seller is NOT open to seller-financing or Morby Stack offers. Location: Nauvoo is a small city in Hancock County, Illinois, on the Mississippi River near Fort Madison, Iowa. The population of Nauvoo was 950 at the 2020 census. Nauvoo attracts visitors for its historic importance and its religious significance to members of several groups: The Church of Jesus Christ of Latter-day Saints; the Community of Christ (formerly the Reorganized Church of Jesus Christ of Latter-day Saints); other groups stemming from the Latter Day Saint movement; and the Icarians. The city and its immediate surrounding area are listed on the National Register of Historic Places as the Nauvoo Historic District. The Church of Jesus Christ of Latter-day Saints also owns most of the other historic sites in Nauvoo, including the homes of Brigham Young, Heber C. Kimball, and other early members of the church, as well as other significant buildings. Most of these sites are open to the public, with demonstrations and displays, and there are self guided driving tours as well as wagon tours. These tours are free, as are the stage and riverside theatrical productions. There is a large visitors' center complete with two theaters. The median home cost in Nauvoo is $123,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Nauvoo is up 14.9%. Renters make up 25.0% of the Nauvoo population. The typical 1-bedroom unit rents for $650/month. The typical 2-bedroom unit rents for $780/month. The typical 3-bedroom unit rents for $1,040/month. The typical 4-bedroom unit rents for $1,200/month. Nauvoo has an unemployment rate of 5.3%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%. The Median household income of a Nauvoo resident is $43,000 a year. The US average is $69,021 a year. Nauvoo violent crime is 17.5. (The US average is 22.7) Nauvoo property crime is 19.9. (The US average is 35.4) The Fort Madison–Keokuk, IA-IL-MO Micropolitan Statistical Area, as defined by the United States Census Bureau, locally known as the "Tri-State" area, was an area consisting of three counties – one in southeast Iowa, one in northeast Missouri, and one in west central Illinois, anchored by the cities of Fort Madison, Iowa and Keokuk, Iowa.

Contact:

Mr. Landman

Property Subtype:

Multi Family

Date on Market:

2025-10-28

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More details for 0 Court Lane, Ashmore, IL - Multifamily for Sale

Charleston, IL area MHP Portfolio - 0 Court Lane

Ashmore, IL 61912

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $1,182,775 CAD
  • 1,000 SF

Ashmore Multifamily for Sale

The Charleston, IL area MHP Portofolio is a three park portfolio in east central Indiana. The three properties are managed by a husband/wife team that provides both management as well as maintenance. They live onsite in the MHP in Ashmore. The other two properties are located within 19-miles of Ashmore and they have effectively managed all three locations for the past two years. Green Acres MHP (Ashmore, IL) Green Acres Home Park is a peaceful 24-pad affordable home community located on 6.30 acres on the outskirts of Ashmore, IL (Charleston–Mattoon Micropolitan Statistical Area.) The park was developed in 1978. The property is zoned commercial and the park is presently in compliance. The park is not located in a flood zone. The park has a husband/wife team that serve as the manager and maintenance man who live onsite. The pads will accommodate 70 foot trailers. The park has one oversized 80 foot trailer that extends over a couple of feet each direction. There are three vacant trailers that either need to be removed or renovated (whatever suits your park model best). Of the 24-pads in the park, fifteen are occupied. Twelve are TOH's averaging $350/month. There are currently three POH's averaging $715/month. There is a 40' x 28' shed on the property that the manager uses in exchange for payment. There are currently nine vacant pads. The rent for the TOH's has not been raised since 2020. The park utilizes utilizes leases. Currently none of the tenants are behind in rent. Tenants pay rent by Cashapp, venmo, or check. Green Acres Mobile Home Park is on city water and city sewer. The underground pipe material consists of a combination of plastic with PEX for the laterals. The electrical pedestals are 100 amps. The park has water, electric meters & gas meters to each pad. The tenant is direct billed by the provider for electric & gas, and back billed for water (Metron meters). The roads through the park are a combination of asphalt & gravel and 3/4 of the road is maintained by the city (up to lot #22). The tenants are responsible for mowing their own space. The park mows the empty pads and common spaces. The city takes care of snow removal (as needed). Westfield MHP (Westfield, IL) Westfield Mobile Home Park is a smaller 13-pad affordable home community located on 2.60 acres on the outskirts of Westfield, IL (Charleston–Mattoon Micropolitan Statistical Area.) The park was developed in 1978. The property is zoned 0040 (improved lots) and the park is presently in compliance. The park is not located in a flood zone. The pads will accommodate 70' foot trailers. A couple of pads will accommodate 80' foot trailers. There are no vacant trailers that either need to be removed. Of the 13-pads in the park, three are occupied. Two are TOH's averaging $350/month. One is a RTO averaging $550/month. There is a 20' x 24' shed on the property that the owner uses to store equipment and skirting. There are currently ten vacant pads. The park utilizes utilizes leases, as well as one RTO annual lease. Currently none of the tenants are behind in rent. Tenants pay rent by Cashapp, venmo, or check. Westfield Mobile Home Park is on city water. The park is currently using a septic system but that is expected to be phased out within the next couple of years. The city has received a $5 million dollar grant to put in a public treatment system. The underground pipe material consists of a combination of black plastic for the water, and schedule 40 PVC for the septic. The electrical pedestals are 100 amps. The park has water, electric meters & gas meters to each pad and they are all billed directly from the provider. The roads through the park are a combination of asphalt & gravel and the road is maintained by the city. The tenants are responsible for mowing their own space. The park mows the empty pads and common spaces. The city takes care of snow removal (as needed). Mock MHP (Toledo, IL) Mock Mobile Home Park is a smaller 10-pad affordable home community located on approximately 2.42 acres on the outskirts of Toledo, IL (Charleston–Mattoon Micropolitan Statistical Area.) The park was developed in 1978. The property is zoned 0061 (vacant commercial lots) and the park is presently in compliance. The park is not located in a flood zone. The pads will accommodate 70' foot trailers. There are no vacant trailers that need to be removed. Of the 10-pads in the park, three are occupied TOH's averaging $383/month. There are currently seven vacant pads. The park utilizes leases. Currently none of the tenants are behind in rent. Tenants pay rent by Cashapp, venmo, or check. Mock Mobile Home Park is on city water and city sewer!!! The underground pipe material is plastic. The electrical pedestals are 100 amps. The park has water, electric, & gas meters to each pad and they are all billed directly from the provider. The roads through the park are a gravel and the road is maintained by the park. The tenants are responsible for mowing their own space. The park mows the empty pads and common spaces. The park takes care of snow removal (as needed). Location: Here are the largest employers in Coles County: •Sarah Bush Lincoln Health Center (2447 employees) •Eastern Illinois University (1250 employees) •Lake Land College (400 FT, 571 PT employees) •Rural King (600 employees) •Mattoon School District (432 employees) •Charleston School District (300 employees) •Consolidated Communications (292 employees) •First Mid Bank & Trust (270 employees) •Blue Cross Blue Shield (225 employees) •Spherion (221 employees) •Coles County (180 employees) •Mars Petcare (140 employees)

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2025-10-28

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More details for 4808 Paradise Rd, Mattoon, IL - Multifamily for Sale

4808 Paradise Rd

Mattoon, IL 61938

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $765,325 CAD
  • 1,000 SF

Mattoon Multifamily for Sale

Lakelake Estates Mobile Home Park is a 91-pad community situated on 9.55 acres in Mattoon, Illinois. Developed in 1960, the park has been under current ownership for the past six years. The seller owns a broader portfolio of mobile home parks concentrated in the Pacific Northwest, and this asset is considered a geographical outlier, prompting the decision to sell. The property is zoned Commercial 0060-R3 and represents a value-add opportunity in a growing part of Mattoon, near the rapidly expanding Emerald Acres development and other residential growth corridors. The park is fully serviced by city water and city sewer, with both utilities along with garbage service currently backbilled to the tenants. Underground pipe materials throughout the park are a mix of types. Each pad is individually metered for electrical, gas, and water. Electrical pedestals within the park range between 50, 100, and 200 amp units. While all vacant pads appear ready to accept new trailers, some may require updated electrical pedestals to meet modern standards. Roads throughout the park are asphalt and considered to be in average condition, with the park handling ongoing road maintenance and snow removal. Tenants are responsible for mowing their own lots, while the park maintains the common areas and vacant pads. Currently, 17 of the 91 pads are occupied. Of those, 16 are tenant owned homes paying an average of $385 per month, and 2 are park-owned homes renting for an average of $390 per month. There is one additional vacant trailer on-site, but no homes are in poor enough condition to warrant removal. All leases are structured on a month-to-month basis. Rent was last increased on January 1, 2025. Eight tenants are currently behind on rent, presenting an opportunity for improved collections under new ownership. The park employs a manager and a maintenance person, providing consistent on-site oversight. Tenants have the convenience of paying rent online or at Walmart. Off-street parking is available for all residents. Lakelake Estates offers a solid foundation for an investor seeking a turnaround opportunity in a market showing signs of steady growth. With city utilities, solid infrastructure, and a large number of vacant pads that could be redeveloped or infilled, there is substantial upside for an experienced operator. While the seller may entertain short term seller financing for the right buyer, their preference is to be cashed out. Location Mattoon is a city in Coles County, Illinois. The population was 16,870 as of the 2020 census. The city is home to Lake Land College and has close ties with its neighbor, Charleston. Both are principal cities of the Charleston–Mattoon Micropolitan Statistical Area. The town is home to the "Original" Burger King. The median home cost in Mattoon is $96,400. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Mattoon is up 13.5%. Renters make up 35.1% of the Mattoon population. Mattoon has an unemployment rate of 5.6%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%. The Median household income of a Mattoon resident is $41,320 a year. The US average is $69,021 a year. Mattoon violent crime is 17.7. (The US average is 22.7) Mattoon property crime is 29.5. (The US average is 35.4) The climate in Mattoon, IL is humid and continental. The summers are hot and humid with temperatures averaging in the mid-80s and sometimes reaching into he 90s. Winters are cold with temperatures averaging in the high 20s to mid 30s, with occasional snowfall from November through March. Spring and fall are mild with temperatures ranging from the 40s to 70s. Overall, Mattoon has a typical Midwestern climate. Mattoon, Illinois gets 40 inches of rain, on average, per year. Mattoon averages 16 inches of snow per year. Charleston is a city in and the county seat of Coles County, Illinois. The population was 17,286, as of the 2020 census. The city is home to Eastern Illinois University and has close ties with its neighbor, Mattoon. Both are principal cities of the Charleston–Mattoon Micropolitan Statistical Area. Coles County is a county in Illinois. As of the 2020 census, the population was 46,863. Its county seat is Charleston, which is also the home of Eastern Illinois University. The city of Mattoon recently started construction of a $70,000,000 sports complex that is projected to bring in 250,000 out of area visitors annually. This facility will be opening in 2024/2025. Here is a breakdown of the scope of the facility: • 4 Baseball/Softball/Multipurpose Turf Fields (300ft) • 4 Baseball/Softball/Multipurpose Turf Fields (400ft) • 4 Soccer/Multipurpose Turf Fields • 4 Soccer/Multipurpose Grass Fields • Championship Fields & warm-up areas • Walking/Bike Path • 140,000 sq ft Indoor Facility – 8 Basketball Courts (16 volleyball courts) – Collegiate Locker Rooms – Family Entertainment Center – Medical Tenant Space – Seating for ~3,000 for large events The economic impact of this sports complex is going to be huge for Mattoon. Here are their current projections: •30 year economic impact of: $3.3 billion •Annual economic impact of $110.5 million in Mattoon $54.4 million on-site $56.1 million off-site •Construction Impact of $194.6 million Lakeland Estates is located within two miles of this new development.

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2025-08-01

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More details for 3 D St, Lexington, IL - Multifamily for Sale

Hilltop MHP - 3 D St

Lexington, IL 61753

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $2,295,975 CAD
  • 1,000 SF

Lexington Multifamily for Sale

Hilltop Mobile Home Park is a 57-pad community located in Lexington, Illinois. Lexington serves as a bedroom community to the Bloomington–Normal metro area, home to major employers such as State Farm’s corporate headquarters, Rivian’s manufacturing plant, and Illinois State University. The park sits on 8.57 acres and is zoned R-2. It is not located in a flood zone. The current ownership group has held the property since 2017 and operates the park with an onsite manager in place. There is no full-time maintenance person employed. Hilltop MHP offers a solid base of tenant-owned homes with no park-owned homes, providing an attractive foundation for investors seeking stable income with operational upside. The park is currently serviced by city water and a well-maintained septic system, both of which are backbilled to the tenants. According to the owner, the septic tanks are in excellent condition and have been trouble-free for the past eight years. They are professionally serviced twice a year. While the property is not presently connected to city sewer, municipal sewer lines were extended to the park boundary during a city infrastructure upgrade several years ago. The city has since encouraged a connection and has indicated a willingness to waive the connection fee and potentially assist with the cost of the hookup. However, the current owners have opted not to proceed, as the septic system has continued to function efficiently. Electric and gas services are direct billed to tenants by the respective utility providers. Each pad is equipped with separate electric, gas, and water meters, with electrical pedestals rated at 200 amps. Internal roads are asphalt, in good condition, and maintained by the park. Of the 57 pads, 41 are currently occupied by tenant-owned homes, averaging $375 per month in lot rent. The last rent increase occurred in May 2025. Importantly, there are no park-owned homes—eliminating management and maintenance burdens related to home ownership. There are 14 vacant trailers on-site, at least one of which is in poor condition and will need to be removed. Additional units may also be candidates for removal depending on the new owner’s business model. All vacant pads are ready to accept new homes. Tenant leases are a mix of month-to-month and annual terms, with rent collected via Paylease software. Currently, two tenants are behind in rent payments. Since acquiring the property in 2017, the owners have made meaningful improvements, including road repairs, tree removal, landscaping upgrades, and water/sewer line replacements and improvements. They’ve also ensured that skirting was repaired and improved on all homes within the park. Should they continue operating the property, the owners indicated their primary focus would be on rehabbing existing homes and working toward full occupancy. Hilltop MHP presents an investor with a stabilized core occupancy alongside value-add potential through infilling vacant pads and updating existing units. Location Lexington is a city in McLean County, Illinois. The population was 2,090 at the 2020 census. Lexington is a bedroom community to Bloomington-Normal (Home of State Farm Corporate Headquarters, Rivian, & Illinois State University). The median home cost in Lexington is $178,800. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Lexington is up 16.3%. Renters make up 15.1% of the Lexington population. The average 1-bedroom rents for $680/month. The average 2-bedroom rents for $840/month. The average 3-bedroom rents for $1,190/month. The average 4-bedroom rents for $1,350/month. Lexington has an unemployment rate of 5.0%. The US average is 6.0%. Lexington has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%. The Median household income of a Lexington resident is $83,233 a year. The US average is $69,021 a year. Lexington violent crime is 8.6. (The US average is 22.7) Lexington property crime is 8.9. (The US average is 35.4) Lexington, IL has a humid continental climate, characterized by hot summers and cold winters. Temperatures in the summer can range from 68F to 86F on average, with occasional high temperatures reaching up to the triple digits. Winters are typically cold and dry, with temperatures ranging from 25F to 35F. The amount of precipitation in Lexington is fairly consistent throughout the year, with April being the wettest month and July being the driest. Snowfall is also common during winter months, with an average of 16 inches per year. McLean County is a U.S. county in the east central region of Illinois, and is the largest county by land area in the state. According to the 2020 Census, it had a population of 170,954. Its county seat is Bloomington. McLean County is included in the Bloomington–Normal, IL Metropolitan Statistical Area. Here are the 10 largest employers in McLean County, IL, based on the latest available data for the Bloomington–Normal metro area (which comprises nearly all of McLean County): 1. State Farm Insurance (14,000 employees) 2. Rivian (7,500 employees) 3. Illinois State University (3,940 employees) 4. COUNTRY Financial (3,000 employees) 5. Unit 5 Schools (2,350 employees) 6. Carle BroMenn Medical Center (2,240 employees) 7. OSF HealthCare (1,337 employees) 8. McLean County Government (850 employees) 9. Afni, Inc. (830 employees) 10. District 87 Schools (755 employees) Normal is a town in McLean County, Illinois, United States. As of the 2020 census, the town's population was 52,736. Normal is the smaller of two principal cities of the Bloomington–Normal metropolitan area, and is Illinois' seventh most populous community outside the Chicago metropolitan area. The main campus of Illinois' oldest public university, Illinois State University, a fully accredited four-year institution, is in Normal, as is Heartland Community College, fully accredited two-year institution. Bloomington is home to Illinois Wesleyan University and the headquarters for State Farm and Country Financial.

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2025-07-22

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More details for 1945 S Schuyler Ave, Kankakee, IL - Multifamily for Sale

Russ Mobile Home Park - 1945 S Schuyler Ave

Kankakee, IL 60901

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $1,669,800 CAD
  • 1,000 SF

Kankakee Multifamily for Sale

***Update 09-242025...The seller will now consider seller financing at 25-30% down, 6% interest, with a 5-year balloon. Russ Mobile Home Park is a 20-pad community located in Kankakee, Illinois, positioned on 2.60 acres. Originally developed in the 1970s, the park holds a zoning classification of 0040 (Improved Lots) and is situated outside of any flood zone. The current owner has managed the property for one year, operating it as an owner managed park without an on-site manager. However, the owner believes one of the current tenants could potentially serve in that role. A maintenance person is in place for regular upkeep. The property also includes a 1,000 sq. ft. single-family residence. The park consists of 20 mobile home pads, all occupied by park owned homes (POH), with 16 pads currently filled and four vacant POH units. One additional trailer is in poor condition and scheduled for removal. The park has no tenant-owned homes. POH units rent for an average of $900 per month. Lot rent is assumed at $525/month based on market comparables in the Kankakee and south suburban Chicago areas. The park currently operates on annual leases, with tenants paying rent via Selle, Cash App, or Apple Pay. One tenant is currently behind on rent. Russ Mobile Home Park is served by city water and city sewer, with tenants billed directly by utility providers. Each pad is equipped with electric, gas, and water meters. Electrical pedestals at each site are rated at 100 amps. The owner is not certain of the underground pipe composition. Utilities are not back-billed to tenants. The park has gravel roads in fair condition, which are maintained by the owner. Tenants are responsible for mowing their own areas, while the park maintains common areas and vacant pads. Off-street parking is provided for all tenants. When purchased, the park was entirely vacant. Since acquisition, the owner has completed substantial improvements, including rehabbing every unit in the park, removing four non-salvageable trailers, and bringing in three new homes to improve occupancy and quality. Location Kankakee is a city in and the county seat of Kankakee County, Illinois. Located on the Kankakee River, as of 2020, the city's population was 24,052. Kankakee is a principal city of the Kankakee-Bourbonnais-Bradley Metropolitan Statistical Area. It serves as an anchor city in the rural plains outside Chicago. The median home cost in Kankakee is $117,300. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Kankakee is up 15.4%. Renters make up 43.6% of the Kankakee population. The average 1-bedroom unit rents for $800/month. The average 2-bedroom unit rents for $1,050/month. The average 3-bedroom unit rents for $1,430/month. The average 4-bedroom unit rents for $1,510/month. Kankakee has an unemployment rate of 11.8%. The US average is 6.0%. Kankakee has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%. The Median household income of a Kankakee resident is $38,869 a year. The US average is $69,021 a year. Kankakee violent crime is 39.9. (The US average is 22.7) Kankakee property crime is 58.3. (The US average is 35.4) Kankakee, IL has a humid continental climate with hot summers and cold winters. Rainfall is spread throughout the year, but is heaviest in May and June. Average temperatures range from the mid-20s in winter to the mid-80s in summer. Snowfall averages around 30 inches per year, with most of it falling between December and March. Kankakee County is a county located in the U.S. state of Illinois. According to the 2020 census, it has a population of 107,502. Its county seat is Kankakee. Kankakee County comprises the Kankakee, IL Metropolitan Statistical Area. Here are the top ten employers in Kankakee County: •Olivet Nazarene University (approximately 560 employees) •Kankakee Community College (approximately 375 employees) •All Star Management (approximately 441 employees) •Midwest Transit (approximately 300 employees) •NFI Industries (approximately 260 employees) •McKesson (approximately 258 employees) •Aqua Illinois (approximately 65 employees) •Monical’s Pizza Corporation (approximately 139 employees) •Kankakee Nursery (approximately 125 employees) •K.B. Cores (approximately 125 employees)

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2025-07-22

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More details for 224 N Poplar St, Ludlow, IL - Multifamily for Sale

Ludlow Mobile Home Park - 224 N Poplar St

Ludlow, IL 60949

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $438,322 CAD
  • 1,100 SF
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More details for 20 Single Family Homes Portfolio – Multifamily for Sale, Decatur, IL

20 Single Family Homes Portfolio

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $960,135 CAD
  • 26,733 SF
  • 20 Multifamily Properties

Decatur Portfolio of properties for Sale

This is a unique opportunity to acquire a portfolio of 20 single-family homes in Decatur, Illinois. The portfolio is currently cash-flow positive, with 17 of the 20 units occupied. The majority of the homes are in good condition, requiring only minor touch-ups, and the vast majority of the vacant units are rent-ready.? Portfolio Highlights: Unit Mix: Predominantly 1-bedroom/1-bathroom homes, with several 2-bedroom/1-bathroom units, and one 3-bedroom/2-bathroom home. Occupancy: 17 of 20 units currently occupied. Condition: Most homes are in good condition, requiring only minor touch-ups. Rent Potential: Opportunity to increase rents to market rates, enhancing cash flow. Exit Strategy: Ideal for long-term hold or potential to sell off individual units.? Decatur Market Overview: Decatur offers a cost-effective living environment, with a median home value of approximately $93,406, reflecting a 6.4% increase over the past year. The city is known for its affordability, making it attractive to both residents and investors. ? The local economy is supported by major employers such as Caterpillar Inc., Archer Daniels Midland, and Mueller Co., providing a stable employment base. Decatur's strategic location, with access to major highways and railroads, enhances its appeal as a logistics and distribution hub. ? Wikipedia Investment Potential: This portfolio presents a value-add opportunity for investors seeking to capitalize on Decatur's affordable housing market and stable economic base. With the potential to increase rents and the flexibility to hold or sell individual units, this investment offers both immediate cash flow and long-term appreciation. Please note that we require 10% EMD and a minimum 25% cash amount at closing before any contracts are accepted. Call (754) 218-0221 anytime 24/7 for more information!

Contact:

Real Pro, Inc

Property Subtype:

Multi Family

Date on Market:

2025-04-18

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More details for 10557 N State Route 50, Manteno, IL - Specialty for Sale

Harvest Estates MHC - 10557 N State Route 50

Manteno, IL 60950

  • Mobile Home and RV Park
  • Specialty for Sale
  • $1,391,500 CAD
  • 30,000 SF

Manteno Specialty for Sale

Harvest Estates MHC is a 31-site mobile home community located on 3.18 acres on the outskirts of Manteno, IL. The park was developed in the mid 1970's and has served the community by offering an affordable housing option since that time. The property is zoned 0060 (improved commercial). The park is not located in a flood zone. The park is presently managed by a resident manager who the owners believe will have interest continuing in that role going forward. The park also has a local contractor who handles maintenance or sub-contracts as needed. The owner of Harvest Estates does not have the exact dimensions of the pads, but they will include the park survey in supporting materials. There are currently not any trailers that need to be removed from the premises. Of the 29 occupied pads in the park, 28 are TOH's averaging $530/month. There is a vacant POH that is being renovated and will be ready to rent/sell prior to closing. There is also a SFR on the property that is currently renting for $875/month. Currently just one vacant pad in the park. Rent was last raised on April 1st, 2025. The park utilizes leases for its residents with the vast majority being month-to-month. The tenants currently pay their rent via check, CashPay (Zego) & Zelle. The current owners do not accept cash. Harvest Estates is on private well & septic. The underground pipe material is PVC Schedule 40. The electrical pedestals are believed to be 100 amps. The park provides the water & septic in the rent. The park is also paying for Garbage removal. The tenants are direct billed by their respective providers for electric (ComEd) and gas (Nicor). The park road is asphalt and are considered to be in good condition. The park currently mows the entire park. The park contracts out snow removal as needed. The owners have recently purchased Metron water meters and are in the process of installing them. These meters should be completed prior to closing. The owner has made some park improvements since taking over the park: •Significant improvements to the well and septic systems, including new pressure tanks and replacement of section of the sewer lines. •Rehab and sale of POH's. There were additional POH's when the current owners purchased the park. Current owner rehabbed them to improve the overall park, unit, and tenant quality and sold them to convert them to lot rent only units. •Road improvement/repairs. •Source Water Protection Plan ~ This is a requirement of all well operators in Illinois by the State EPA. It is a one-time requirement that they paid to have completed in 2024. When asked what improvements they would continue to make if they continued to operate the park going forward: •Lot rents can be pushed up significantly ~ we believe lot rents in the market are closer to $600/month. •Infill the single vacant lot with a new or used home. •The SFR rent is significantly under market rent for the size of the home. With some repairs it could be rented to a new tenant at a much higher rate of likely $1,500 +/month based on comparable homes in Manteno. •There are a few vacant storage units that are not currently rented, but could be. Location: Manteno is a village in Kankakee County, Illinois. The population was 9,210 at the 2020 census. It is part of the Kankakee-Bourbonnais-Bradley Metropolitan Statistical Area. The village offers a blend of residential, commercial, and industrial areas, contributing to its local economy. Known for its friendly community and quality of life, Manteno features parks, schools, and local businesses. It also hosts events like the annual Oktoberfest, attracting visitors and fostering community spirit. Its proximity to major highways makes it accessible and convenient for commuting. Manteno is located: 12 miles N of Kankakee 50 miles SW of Chicago 87 miles NE of Champaign 99 miles NE of Bloomington 132 miles NE of Peoria, IL The median home cost in Manteno is $274,900. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Manteno is up 15.4%. Renters make up 24.5% of the Manteno population. The unemployment rate in Manteno is 7.5% (U.S. avg. is 6.0%) The Median household income of a Manteno resident is $83,625 a year. The US average is $69,021 a year. Manteno violent crime is 11.8. (The US average is 22.7) Manteno property crime is 32.2. (The US average is 35.4) In terms of education, Manteno ranks highly with an A+ rating for its schools. Kankakee County, located in northeastern Illinois, features a mix of urban and rural environments. It's part of the Chicago metropolitan area and known for its agricultural contributions, manufacturing industries, and healthcare services. The county seat, Kankakee, offers various recreational and cultural amenities. With a diverse economy, it hosts top employers in healthcare, steel manufacturing, education, and more. Additionally, the area provides educational opportunities through institutions like Kankakee Community College. The ten largest employers in Kankakee County, IL, and their respective employee counts are: •Riverside Healthcare (3,046 employees) •Nucor Steel Kankakee, Inc. (850 employees) •CSL Behring (1,600 employees) •Kankakee School District 111 (1,000 employees) •Presence St. Mary's Hospital (860 employees) •Kankakee County Government (583 employees) •Kankakee Community College (575 employees) •Armstrong World Industries (325 employees) •Van Drunen Farms (324 employees) •Bradley School District 61 (301 employees)

Contact:

Mr. Landman

Property Subtype:

Trailer/Camper Park

Date on Market:

2024-07-17

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More details for SEC of Stunkel Rd. and Central Ave., University Park, IL - Land for Sale

55.64 AC SEC Stunkel & Central, University Pk - SEC of Stunkel Rd. and Central Ave.

University Park, IL 60449

  • Mobile Home and RV Park
  • Land for Sale
  • $8,342,042 CAD
  • 55.64 AC Lot
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More details for 2735 S 14th St, Springfield, IL - Multifamily for Sale

Patch Place Manufactured Home Community - 2735 S 14th St

Springfield, IL 62703

  • Mobile Home and RV Park
  • Multifamily for Sale
  • 8,000 SF
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More details for 800 N Randolph St, Macomb, IL - Multifamily for Sale

Valley MHP - 800 N Randolph St

Macomb, IL 61455

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $243,512 CAD
  • 77,972 SF

Macomb Multifamily for Sale

Valley MHP presents a rare opportunity to acquire a value-add manufactured housing community in Macomb, Illinois, the county seat of McDonough County and home to Western Illinois University. Situated on 1.79 acres, this 16-pad property offers strong fundamentals with municipal water and sewer, off-street parking, and city-maintained roads. Originally developed in the 1970s, the community has been under current ownership for less than a year, with ongoing improvements aimed at stabilizing operations. The park is currently 62.5% occupied with 10 tenant-owned homes paying below-market rents of $250 per month, creating immediate upside through rent adjustments and lease-up of six vacant pads. All vacant sites are ready for new home placements, and none of the existing homes require removal. With a current NOI of $16,192 and a pro forma NOI of $40,507, investors can achieve a projected cap rate of 23.15% upon stabilization. Additional value can be unlocked through utility bill-back implementation and continued operational efficiencies supported by an on-site manager and maintenance technician. Macomb offers a stable economic base anchored by Western Illinois University and major employers such as NTN Bower and Pella Corporation. The city’s affordable housing market, low crime rates, and proximity to Peoria make it an attractive location for long-term investment. Seller financing is available, providing flexible acquisition options for qualified buyers.

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2025-11-26

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More details for 665 W Wilmot St, Chillicothe, IL - Multifamily for Sale

665 W Wilmot St

Chillicothe, IL 61523

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $166,841 CAD
  • 900 SF
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More details for 2 Park Port - Dixon & Rock Falls IL – Multifamily for Sale

2 Park Port - Dixon & Rock Falls IL

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $4,591,950 CAD
  • 88,501 SF
  • 2 Multifamily Properties

Portfolio of properties for Sale

The Esterson MHC Team is pleased to present this 2 Park Portfolio in Dixon and Rock Falls, IL, a cash-flowing, value-add investment consisting of 175 units and significant upside in occupancy and rents. Located on the 88-corridor connecting Chicago and the Quad Cities, Dixon serves as a regional hub for commerce, healthcare, and education in northwestern Illinois. The city is home to major employers such as KSB Hospital, Dixon Correctional Center, and Donaldson Company. Rock Falls serves as a vital link for the regional economy, with key employers including Wahl Clipper Corporation, Self Help Enterprises, and E.D. Etnyre & Co. The properties are just 20 minutes apart, offering scale and centralized management within the Sterling-Dixon MSA. This portfolio is a total of 175 manufactured housing (MH) lots, consisting of 117 tenant owned homes (TOH), 1 rented park owned home (POH), 1 rent to own unit (RTO), 11 vacant POH, and 45 vacant MH lots. There is also a farm lease. The average lot rental rate per month is $320. The park owned home rents for $100 above lot rent, and the average RTO payment above lot rent is $104. Riverside is serviced by public water and sewer that is billed directly to tenants, but the landlord is billed any difference between the master meter and the submeters. Trash at Riverside is serviced by curbside bins and billed directly to tenants. Green Acres is serviced by well water and lagoon sewer. The water and sewer are billed back to tenants at a flat rate. City sewer is available and could be connected at Green Acres. Trash at Green Acres is serviced by dumpster and included in rent. The roads are private and paved at both parks and in average condition. Riverside is partially in a flood zone and is not in an opportunity zone. Green Acres is not in a flood zone or opportunity zone. The portfolio is being offered at a blended purchase price of $3,300,000, with a weighted average cap rate of 8.01% based on in-place operations. Investors may be able to achieve over 26% cash on cash by responsibly reaching market rents and full occupancy. All offers must include price, inspection timelines, appropriate terms, proof of funds, a list of due diligence required from owners, and relevant real estate experience.

Contact:

Marcus & Millichap

Property Subtype:

Multi Family

Date on Market:

2025-07-02

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More details for 109 S Pearl St, Atkinson, IL - Multifamily for Sale

109 S Pearl St

Atkinson, IL 61235

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $1,252,350 CAD
  • 2,000 SF

Atkinson Multifamily for Sale - Henry County

Atkinson Estates MHC is a 24-pad mobile home community located on 5.65 acres on the outskirts of Atkinson, IL. The park was developed in the 1960's and has served the community by offering an affordable housing option since that time. The property is zoned 0030 (vacant residential lots) and 0060 (improved commercial). The park is not located in a flood zone. The park is presently managed by a resident manager who the owners believe will have interest continuing in that role going forward. The park also has a maintenance man. The pad size varies, but the majority are single section pads (19) that will accommodate 14 x 80 trailers. There are also multi-section pads in the park (05). There are currently not any trailers that need to be removed from the premises. Of the 20 occupied pads in the park, one is a RTO at $700/month. Two are POH's at $750/month. The other 17-pads in the park are occupied by TOH's which are paying $375/month. Rent was just raised in April of 2024. There are currently zero tenants behind in their rent. The park utilizes leases for its residents. The tenants currently pay their rent via check, bank deposit, Cashapp, Venmo, & Zelle. PUBLIC WATER & SEWER! Atkinson Estates is on city water & city sewer! The underground pipe material is believed to be PVC. The electrical pedestals are believed to be 100 amps. Residents are direct billed for water, electricity, & gas by the utility providers. Garbage is built into the lot and home rent. The park has two roads that are asphalt and are considered to be in good condition. The tenants mow their own pads and the park mows the common areas. The park handyman pushes snow as needed. The owner has made some park improvements since taking over the park. They upgraded the roads, added some park owned homes, and did some plumbing improvement projects. When asked what items they would focus on improving if they were to continue to own/operate the park going forward they responded with: Add a trailer on the front lot and rent it for $800/monthly. Location Atkinson is an incorporated town in Henry County, Illinois. The population was 965 at the 2020 census. Atkinson is located: 16 miles from Kewanee, IL 31 miles from Moline, IL 33 miles from Bettendorf, IA 36 miles from Davenport, IA 38 miles from Rock Island, IL 68 miles from Peoria, IL 144 miles from Chicago, IL The median home cost in Atkinson is $141,500. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Atkinson is up 8.3%. Renters make up 11.5% of the Atkinson population. Atkinson has an unemployment rate of 5.9%. The US average is 6.0% The Median household income of a Atkinson resident is $49,640 a year. The US average is $69,021 a year. Atkinson property crime is 20.1. (The US average is 35.4). Henry County is a county located in the U.S. state of Illinois. The 2010 United States Census, listed its population at 50,486. Its county seat is Cambridge. Henry County is included in the Davenport-Moline-Rock Island, IA-IL Metropolitan Statistical Area. Located in Henry County in Northwest Illinois is Kewanee, known as the Hog Capital of the World. A gigantic celebration is held every Labor Day weekend where 50 thousand pork chops are grilled and sold to the public. The Quad Cities is a region of cities (originally four, see History) in the U.S. states of Iowa and Illinois: Davenport and Bettendorf in southeastern Iowa, and Rock Island, Moline and East Moline in northwestern Illinois. These cities are the center of the Quad Cities metropolitan area, which as of 2013 had a population estimate of 383,781 and a Combined Statistical Area (CSA) population of 474,937, making it the 90th-largest CSA in the nation.

Contact:

Mr. Landman

Property Subtype:

Mobile Home Park

Date on Market:

2024-05-16

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More details for 7795 State Route 154, Baldwin, IL - Hospitality for Sale

K-River Motel & Campground - 7795 State Route 154

Baldwin, IL 62217

  • Mobile Home and RV Park
  • Hospitality for Sale
  • $1,252,350 CAD
  • 1,450 SF

Baldwin Hospitality for Sale

K-River Motel & Campground is a quaint little investment property located in southern Illinois (near the STL Metro). The property is a combination of a year round 32-pad RV park and a 11-key motel. There are three additional "over-run" hookups that are utilized during peak season or for electric car charging. This is an ideal property for an "owner operator" to own as it also includes a really nice 3bed/2bath modular house on a poured concrete foundation with a basement (which also acts as the storm shelter for the RV park/motel). The house also has a fireplace. The house is heated by an exterior wood burning fireplace which supplies both the heat and hot water for the property. Why is it for sale? This is normally one of the first questions that I receive when listing a commercial property. This property has been owned by the current seller for over 22 years. It has been a profitable business for him. The seller is in his 60's and is a "single grandfather". He has recently taken custody of his 3-year old granddaughter, and he is finding it more difficult to balance his time between his new parenting responsibilities with the day-to-day operation of the park. The RV park is well laid-out and offers outstanding infrastructure. The RV portion was built in 2011. All of the electrical & plumbing work was installed by local Union workers. The water & sewer lines are both 3-inch copper. The water line was installed 54 inches deep. Tracer wire was installed at this time as well. Each grid of the RV park has its own 1500 gallon septic tank in addition to a 1000 gallon dosing tank. The property utilizes three separate shutoffs for the septic lines which is beneficial during periods of heavy rainfall. City water. Septic (four separate tanks). Gravel Road through park. Asphalt parking lot in front of motel in great shape. RV park is currently not back-billing electrical to monthly guests. The park utilizes one of the motel rooms as the office. All of the electrical pedestals offer 30 amp, 50 amp, and 110 GFI. All 32 of the RV sites are full-service. The 30-amp service currently runs $30/day, $140/week, and $450/month. The 50-amp service runs $35/day, $150/week, and $475/month. These rates include water, electric, trash, sewer, & internet. The motel charges $60/night, $280/week. The buyer of this property will also be buying a good portion of "goodwill" and repeat business. K-River Campground currently has a 4.3 rating on Google with nearly 60 reviews. So this Motel & Campground has largely catered to work crews in the area to work on the nearby power plants and pipelines. There are also several large infrastructure projects slated to begin in the near future which should increase demand for the rentals: •Ameren currently has 22 pipeline projects •Baldwin Power Plant has a planned outage starting in May •Prairie State Energy has a planned outage starting this coming Fall •Kaskaskia River dredging and manufacturing plant construction •Sparta airport being expanded The seller has ran all of his business interests and his personal business out of the same checking account. Also...a lot of the guests are fans of country music, in particular Johnny CASH. Therefor the financial records are not going to be accepted by virtually any lending institution with regards to underwriting financing. As a result we are not providing any financials on this property as they are not of service, and also don't accurately paint a picture on the income this property is generating. The new buyer will need to be a cash buyer, or able to finance this as if it was a "new enterprise"...probably requiring 20% down.

Contact:

Mr. Landman

Property Subtype:

Hotel

Date on Market:

2022-03-17

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More details for W.P. Carey 35 Property Portfolio – Specialty for Sale

W.P. Carey 35 Property Portfolio

  • Mobile Home and RV Park
  • Specialty for Sale
  • 2,380,048 SF
  • 32 Specialty Properties

Portfolio of properties for Sale - NE Guilford County

View Offering Memorandums: https://selfstorageadvisory.com/properties/wp-carey-35-property-national-portfolio/ CBRE’s Self Storage Advisory Group has been exclusively retained to market and sell four distinct self-storage portfolios strategically concentrated across key states in Arkansas, California, Florida, Hawaii, Illinois, Louisiana, Missouri, North Carolina, Ohio, Tennessee, and Texas. This offering presents a compelling opportunity to achieve immediate scale in high-demand markets through the acquisition of well-located, high-quality assets. Collectively, the portfolios comprise 19,826 units at 2,323,635 net rentable square feet of storage space along with 13,869 net rentable square feet of covered parking spaces and 285,086 net rentable square feet of uncovered parking spaces. As of June 30, 2025, the portfolios maintain a robust 90.6% physical occupancy rate. The properties are situated in densely populated and economically vibrant markets, representing a combined population of 6,555,427, with a household income average of $89,832 and 140,428 residential units currently in the development pipeline within a five-mile radius of the portfolio assets. Additionally, the portfolios benefit from favorable market dynamics, with an average of 9.9 square feet of storage space per capita within the same five-mile radius, underscoring the strength and sustainability of demand. PORTFOLIO 1 (CLOSED) CA, HI 2,055 UNITS 211,987 SS NRSF 30,461 UNCOVERED PARKING NRSF 94.9% AVG. OCCUPANCY $94,484 AVG HH INCOME 109,161 AVG POPULATION PORTFOLIO 2 (UNDER CONTRACT) FL, NC, TN 5,238 UNITS 553,229 SS NRSF 13,869 COVERED PARKING NRSF 76,315 UNCOVERED PARKING NRSF 93.4% AVG. OCCUPANCY $84,519 AVG HH INCOME 195,661 AVG POPULATION PORTFOLIO 3 (UNDER CONTRACT) AR, LA, MO, TX 7,111 UNITS 839,996 SS NRSF 123,560 UNCOVERED PARKING NRSF 88.3% AVG. OCCUPANCY $82,009 AVG HH INCOME 217,389 AVG POPULATION PORTFOLIO 4 IL & OH 5,422 UNITS 718,423 SS NRSF 54,750 UNCOVERED PARKING NRSF 89.7% AVG. OCCUPANCY $100,766 AVG HH INCOME 174,828 AVG POPULATION

Contact:

CBRE, Inc.

Date on Market:

2025-09-03

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More details for 720 Forrest Ave, Springfield, IL - Multifamily for Sale

Timberline Manor - Scottsdale - 720 Forrest Ave

Springfield, IL 62702

  • Mobile Home and RV Park
  • Multifamily for Sale
  • 209,088 SF
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More details for IN & IL PORTFOLIO – Multifamily for Sale

IN & IL PORTFOLIO

  • Mobile Home and RV Park
  • Multifamily for Sale
  • $4,035,350 CAD
  • 2,000 SF
  • 2 Multifamily Properties

Portfolio of properties for Sale

This two-park portfolio offers investors the chance to acquire a stable, cash-flowing asset with value-add upside. Both properties feature public utilities, utility recapture via sub-metering, and a healthy mix of TOH/POH tenants. With strong occupancy, consistent rental collections, and close proximity (only 45 minutes apart), this portfolio is ideal for investors seeking scale in the Midwest affordable housing sector. LOTS: 91 Investment Highlights ?? Two-Park Midwest Portfolio – Terre Haute, IN & Robinson, IL ?? 2250 E Haythorne Ave, Terre Haute, IN ?? Maps Link ?? 23 Pads – 95% occupied (1 vacancy pending new home delivery, historically zero vacancy) ?? City Water & Sewer – Sub-metered with Metron meters ($5/resident) ? Utilities: Direct billed electric & gas ?? Lot Rent: $400 (includes trash) Free lot rent for on-site manager ?? 2 POHs – Rents at $620 & $748 (including lot rent) Asking $1.5M ?? Southwind Estates MHP – 800 Southwind Blvd, Robinson, IL ?? Maps Link ?? 68 Pads – Mix of MH & RV (10–12 RVs typically) ?? City Water & Sewer – Sub-metered with Metron meters ?? Lot Rents: $310–$385 for MH (trash included) ?? RV Pads: $450/month ?? Tenant Mix: 40 TOH & 12 POH (POHs rent $350–$600 depending on home) ????? Management: Currently 2 managers (previously 1 managed both communities, only 45 mins apart) ?? Economic Drivers: Robinson is home to 3 Fortune 500 companies, ~7,000–8,000 residents, and sits across from one of the largest oil refineries in the Midwest Asking $2.9M ?? Portfolio Highlights Combined 91 pads across 2 stabilized communities Strong occupancy and tenant-owned home base Utility bill-back system with sub-metering in place Located in employment-rich Midwest markets with Fortune 500 presence and strong rental demand Proven management structure (historically managed as one portfolio) ?? Why Investors Like It: ? Two parks, close proximity, easily managed together ? Public utilities with sub-metering & RUBS in place ? Strong economic drivers with Fortune 500 employers nearby ? Opportunity to push rents & optimize POH income

Contact:

Research In Progress

Property Subtype:

Multi Family

Date on Market:

2025-08-26

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