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IN & IL PORTFOLIO 2 Multifamily Properties Offered at $2,900,000 in Multiple Locations
EXECUTIVE SUMMARY
This two-park portfolio offers investors the chance to acquire a stable, cash-flowing asset with value-add upside. Both properties feature public utilities, utility recapture via sub-metering, and a healthy mix of TOH/POH tenants. With strong occupancy, consistent rental collections, and close proximity (only 45 minutes apart), this portfolio is ideal for investors seeking scale in the Midwest affordable housing sector.
LOTS: 91
Investment Highlights
?? Two-Park Midwest Portfolio – Terre Haute, IN & Robinson, IL
?? 2250 E Haythorne Ave, Terre Haute, IN
?? Maps Link
?? 23 Pads – 95% occupied (1 vacancy pending new home delivery, historically zero vacancy)
?? City Water & Sewer – Sub-metered with Metron meters ($5/resident)
? Utilities: Direct billed electric & gas
?? Lot Rent: $400 (includes trash)
Free lot rent for on-site manager
?? 2 POHs – Rents at $620 & $748 (including lot rent)
Asking $1.5M
?? Southwind Estates MHP – 800 Southwind Blvd, Robinson, IL
?? Maps Link
?? 68 Pads – Mix of MH & RV (10–12 RVs typically)
?? City Water & Sewer – Sub-metered with Metron meters
?? Lot Rents: $310–$385 for MH (trash included)
?? RV Pads: $450/month
?? Tenant Mix: 40 TOH & 12 POH (POHs rent $350–$600 depending on home)
????? Management: Currently 2 managers (previously 1 managed both communities, only 45 mins apart)
?? Economic Drivers: Robinson is home to 3 Fortune 500 companies, ~7,000–8,000 residents, and sits across from one of the largest oil refineries in the Midwest
Asking $2.9M
?? Portfolio Highlights
Combined 91 pads across 2 stabilized communities
Strong occupancy and tenant-owned home base
Utility bill-back system with sub-metering in place
Located in employment-rich Midwest markets with Fortune 500 presence and strong rental demand
Proven management structure (historically managed as one portfolio)
?? Why Investors Like It:
? Two parks, close proximity, easily managed together
? Public utilities with sub-metering & RUBS in place
? Strong economic drivers with Fortune 500 employers nearby
? Opportunity to push rents & optimize POH income
LOTS: 91
Investment Highlights
?? Two-Park Midwest Portfolio – Terre Haute, IN & Robinson, IL
?? 2250 E Haythorne Ave, Terre Haute, IN
?? Maps Link
?? 23 Pads – 95% occupied (1 vacancy pending new home delivery, historically zero vacancy)
?? City Water & Sewer – Sub-metered with Metron meters ($5/resident)
? Utilities: Direct billed electric & gas
?? Lot Rent: $400 (includes trash)
Free lot rent for on-site manager
?? 2 POHs – Rents at $620 & $748 (including lot rent)
Asking $1.5M
?? Southwind Estates MHP – 800 Southwind Blvd, Robinson, IL
?? Maps Link
?? 68 Pads – Mix of MH & RV (10–12 RVs typically)
?? City Water & Sewer – Sub-metered with Metron meters
?? Lot Rents: $310–$385 for MH (trash included)
?? RV Pads: $450/month
?? Tenant Mix: 40 TOH & 12 POH (POHs rent $350–$600 depending on home)
????? Management: Currently 2 managers (previously 1 managed both communities, only 45 mins apart)
?? Economic Drivers: Robinson is home to 3 Fortune 500 companies, ~7,000–8,000 residents, and sits across from one of the largest oil refineries in the Midwest
Asking $2.9M
?? Portfolio Highlights
Combined 91 pads across 2 stabilized communities
Strong occupancy and tenant-owned home base
Utility bill-back system with sub-metering in place
Located in employment-rich Midwest markets with Fortune 500 presence and strong rental demand
Proven management structure (historically managed as one portfolio)
?? Why Investors Like It:
? Two parks, close proximity, easily managed together
? Public utilities with sub-metering & RUBS in place
? Strong economic drivers with Fortune 500 employers nearby
? Opportunity to push rents & optimize POH income
PROPERTY FACTS
| Price | $2,900,000 | Number of Properties | 2 |
| Price / SF | $1,450 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 2,000 SF |
| Status | Active | Total Land Area | 20.71 AC |
| Price | $2,900,000 |
| Price / SF | $1,450 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,000 SF |
| Total Land Area | 20.71 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 800 Southwind Blvd, Robinson, IL 62454 | Multifamily | 1,000 SF | 1999 | - |
| 2250 E Haythorne Ave, Terre Haute, IN 47805 | Multifamily | 1,000 SF | 1970 | - |
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