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Highly Amenitized MHC with Compelling Upside 1100 W Locust St 128 Unit Mobile Home Park For Sale Canton, IL 61520
Executive Summary
Marketing description
Please inquire for pricing - this is an incredible value for a community of this size and quality. The property is 128 spaces in an attractive residential setting with mature trees and spacious lots. Attract your new residents with the abundance of amenities offered here - many of which have seen recent investment. There is a clubhouse, playground, dog park, picnic shelter and a storm Shelter. There are 10 vacant homes included in this deal, and several have recently been made ready, so they may actually sell/lease prior to closing.
Located just 30 minutes outside Peoria, Canton is a city of over 12,000 residents. The strongest local employment sectors are medical, government, and agriculture, with noteworthy employment centers being Illinois River Correctional Center, and Cook Medical, which manufactures medical devices. IL Broker of Record: John Sheahan, Jr., SIOR, NAI DESCO.
Investment highlights
All Public Utilities
Standout Amenity Package: Clubhouse, Playground, Dog Park, Picnic Shelter, Storm Shelter
Upside through Infill of Vacant Homes (10) and Vacant Sites (68)
Rents Significantly Lower than Nearby MHC's
Desirable Residential Setting with Spacious Sites and Mature Trees
Illinois Broker of Record:
John Sheahan Jr., SIOR
NAI DESCO
Please inquire for pricing - this is an incredible value for a community of this size and quality. The property is 128 spaces in an attractive residential setting with mature trees and spacious lots. Attract your new residents with the abundance of amenities offered here - many of which have seen recent investment. There is a clubhouse, playground, dog park, picnic shelter and a storm Shelter. There are 10 vacant homes included in this deal, and several have recently been made ready, so they may actually sell/lease prior to closing.
Located just 30 minutes outside Peoria, Canton is a city of over 12,000 residents. The strongest local employment sectors are medical, government, and agriculture, with noteworthy employment centers being Illinois River Correctional Center, and Cook Medical, which manufactures medical devices. IL Broker of Record: John Sheahan, Jr., SIOR, NAI DESCO.
Investment highlights
All Public Utilities
Standout Amenity Package: Clubhouse, Playground, Dog Park, Picnic Shelter, Storm Shelter
Upside through Infill of Vacant Homes (10) and Vacant Sites (68)
Rents Significantly Lower than Nearby MHC's
Desirable Residential Setting with Spacious Sites and Mature Trees
Illinois Broker of Record:
John Sheahan Jr., SIOR
NAI DESCO
Property Facts
| Sale Type | Investment | Lot Size | 25.96 AC |
| No. Units | 128 | Building Size | 131,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1980 |
| Building Class | C | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| No. Units | 128 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 25.96 AC |
| Building Size | 131,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- Clubhouse
- Trash Pickup - Curbside
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-08-283-000-05 | Improvements Assessment | $20,450 |
| Land Assessment | $81,760 | Total Assessment | $102,210 |
Property Taxes
Parcel Number
09-08-283-000-05
Land Assessment
$81,760
Improvements Assessment
$20,450
Total Assessment
$102,210
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Highly Amenitized MHC with Compelling Upside | 1100 W Locust St
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