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Highly Amenitized MHC with Compelling Upside 1100 W Locust St 128 Unit Mobile Home Park $2,280,000 ($17,813/Unit) Canton, IL 61520
Investment Highlights
- 128-space community with city water and sewer, sub-metered for efficiency.
- Asphalt roads and drives provide convenient internal circulation.
- Significant upside potential through rent adjustments and site infill.
- Onsite office and clubhouse with a strong amenity package for residents.
- Located near major employers, retail hubs, and educational institutions.
- Approximately 30 miles from Peoria, offering regional connectivity and demand drivers.
Executive Summary
Woodland Hills offers a compelling investment opportunity in Canton, Illinois, with a 128-space manufactured housing community positioned for significant upside. The property currently operates at an occupancy rate of 39.1%, providing investors with a clear path to value creation through lease-up and rent optimization. City water and sewer services are sub-metered, ensuring efficient utility management, while asphalt roads and drives enhance accessibility throughout the community.
The site includes an onsite office and clubhouse, complemented by a standout amenity package that supports resident engagement and long-term retention. Located approximately 30 miles from Peoria, the property benefits from proximity to major employers, retail centers, and educational institutions, including Spoon River College and Graham Health System. Nearby national retailers such as Walmart, Kroger, and Hy-Vee further strengthen the area’s economic base.
With below-market rents, 10 vacant homes onsite, and additional infill opportunities, Woodland Hills presents multiple avenues for revenue growth. Offered at $2,280,000, this asset is well-positioned for investors seeking a value-add strategy in a growing regional market.
The site includes an onsite office and clubhouse, complemented by a standout amenity package that supports resident engagement and long-term retention. Located approximately 30 miles from Peoria, the property benefits from proximity to major employers, retail centers, and educational institutions, including Spoon River College and Graham Health System. Nearby national retailers such as Walmart, Kroger, and Hy-Vee further strengthen the area’s economic base.
With below-market rents, 10 vacant homes onsite, and additional infill opportunities, Woodland Hills presents multiple avenues for revenue growth. Offered at $2,280,000, this asset is well-positioned for investors seeking a value-add strategy in a growing regional market.
Property Facts
| Price | $2,280,000 | Building Class | C |
| Price Per Unit | $17,813 | Lot Size | 25.96 AC |
| Sale Type | Investment | Building Size | 131,000 SF |
| No. Units | 128 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Manufactured Housing/Mobile Home | Opportunity Zone |
Yes
|
| Price | $2,280,000 |
| Price Per Unit | $17,813 |
| 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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