This Multifamily Property is Off-Market.

1042 E. Morton Avenue
Jacksonville, IL 62650 ·

178 Spaces · Multifamily For Sale

N/A

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Rolling Acres Mobile Estates

Price N/A Commission Split 2%
No. Spaces 178 Cap Rate 8%
Property Type Multifamily Occupancy 91%
Property Sub-type Mobile Home/RV Community Lot Size 16 AC
Property Use Type Investment
Listing ID: 15877799 Date Created: 09/03/2008 Last Updated: 09/29/2008

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.

Research

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

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