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- LoopNet Team
103 Hollyhock Ln
Metamora, IL 61548
Lake Wildwind Mobile Home Estates · Multifamily Property For Sale
·
95,000 SF
INVESTMENT HIGHLIGHTS
- Multifamily | 114 Spaces | Upside | Infill Opportunity |
- Many Nearby Amenities In Peoria, IL!
- Under 36% Expenses On ProForma!
PROPERTY FACTS
| No. Units | 114 | Lot Size | 39.59 AC |
| Property Type | Multifamily | Building Size | 95,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 50% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1970 |
| Zoning | 0060 - Improved Commercial | ||
| No. Units | 114 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 39.59 AC |
| Building Size | 95,000 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | 0060 - Improved Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Property Manager on Site
- Waterfront
- Basketball Court
- Lake Access
ABOUT 103 HOLLYHOCK LN , METAMORA, IL 61548
Located in a relaxed rural area, Lake Wildwind Mobile Home Park is adjacent to Lake Wildwind and only 15 miles away from Peoria, IL. Peoria has one of the biggest population bases in Illinois, boasting 402,391 residents in its metropolitan area based on 2020 statistics! The park consists of 114 Lots with 57 currently vacant, which brining its occupancy to 50%. There are a total of 98 tenant owned homes and 16 park owned homes (one is currently on a RTO contract). Many of the park owned homes have been upgraded as tenants move out allowing rental increases.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 114 | - | - |
PROPERTY TAXES
| Parcel Number | 08-09-200-020 | Improvements Assessment | $446,261 |
| Land Assessment | $68,464 | Total Assessment | $514,725 |
PROPERTY TAXES
