Historical Multifamily Sale Listing - Rolling Acres Mobile Estates

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Rolling Acres Mobile Estates

1042 E. Morton Avenue, Jacksonville, IL 62650

N/A

178 Spaces | Multifamily

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Rolling Acres Lake Front View

Multifamily Property - Off Market

Price:
N/A
No. Spaces:
178
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
8%
Occupancy:
91%
Lot Size:
16 AC
Listing ID
15877799
Last Updated
over 1 year ago

Description

Well maintained mobile home park in ideal location on E. Morton Ave. Rolling terrain and lake create park-like setting in this community only thirty minutes from Springfield. Separately-metered city water and sewer. Vast majority of homes are tenant-owned. Fifteen vacant, park-owned homes currently being renovated and only one vacant lot in the Park.

Rolling Acres is ideally located on E. Morton Ave. near several of the city's largest employers and less than 30 minutes from Springfiled. Jacksonville is home to two private colleges, several large state facilities and several multinational industrial plants.

Map of 1042 E. Morton Avenue, Jacksonville, IL 62650 (Morgan County)

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