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- LoopNet Team
1 Angela St
Fisher, IL 61843
Shepherd Mobile Estates · Multifamily Property For Sale
·
223,500 SF
INVESTMENT HIGHLIGHTS
- Upside Potential
- High bid over $80,000 presented to Court for approval
- Court Appointed Receiver Sale
PROPERTY FACTS
| No. Units | 38 | Building Size | 223,500 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1900 |
| Lot Size | 4.78 AC |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Lot Size | 4.78 AC |
| Building Size | 223,500 SF |
| No. Stories | 1 |
| Year Built | 1900 |
ABOUT 1 ANGELA ST , FISHER, IL 61843
~38 Pad mobile home park located in Fisher, Illinois, situated on approximately +/- 5 acres offered for sale by Court Appointed Receiver. Upside potential exists by curing deferred maintenance and evicting non-paying residents, or perhaps a complete re-development / re-use of the property. The high bid over $80,000 (plus a 10% buyer's premium) will be presented to the Court for approval. The sale includes two outbuildings owned by the mobile home park. All mobile homes are owned by individuals, many not paying. 18 of the mobile homes are owned by three investors, none of which are paying rent and need evicted. There is over $150,000 in delinquent rent owed by current occupants / owners that will be assigned by the Receiver to the purchaser at closing, with approximately $90,000 of the $150,000+ being owed by the three investors. The Receiver believes this may be collectible.
PROPERTY TAXES
| Parcel Number | 02-01-36-404-017 | Improvements Assessment | $38,130 |
| Land Assessment | $22,480 | Total Assessment | $60,610 |
PROPERTY TAXES
