Established Mobile Home
109 S Pearl St, Atkinson, IL 61235
Call to check price and availability
24-pad mobile home community in Atkinson, Illinois.
Type:Mobile Home Park
Property size:
246,114 SFLot size:
5.65 AcresPrice / SF:
$3/SF- Added:
- May 16, 2024
- Days on Market:
- 737
- Last Refresh:
- May 12 at 10:14 pm
Property Features for 109 S Pearl St
General Information
- Standard status
- Active
- Size
- 246,114 SF
- Lot size
- 5.65 Acres
- Property subtype
- Mobile Home Park
Listing agent Jon Fisher License #TX 819440
Listing office Mr. Landman (217) 202-0924
Listing date May 16, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mr. Landman
HighLights
- Public water & sewer: Connected to city services.
- Strong occupancy: 20 of 24 pads currently occupied, offering stable income.
- Rent increases: Rents recently raised in April 2024, suggesting increased revenue potential.
- Good rent collection: Currently zero tenants behind on rent.
- Park improvements: Current owner has upgraded roads, added park‑owned homes, and made plumbing improvements.
- Desirable location: Near the Quad Cities, offering a stable population and access to amenities.
Overview
Atkinson Estates MHC is a 24-pad mobile home community situated on 5.65 acres on the outskirts of Atkinson, IL. Developed in the 1960s, it offers affordable housing. The property is zoned 0030 (vacant residential lots) and 0060 (improved commercial) and is not located in a flood zone. A resident manager currently manages the park. The majority of the pads (19) are single section, accommodating 14 x 80 trailers, with 5 multi-section pads also available. Of the 20 occupied pads, one is a rent-to-own at $700 per month, two are park-owned homes at $750 per month, and 17 are tenant-owned homes paying $375 per month. Rent was recently raised in April 2024, and all tenants are current on their payments. Residents utilize leases and pay via check, bank deposit, Cashapp, Venmo, and Zelle. The property features public water and sewer, with underground pipes believed to be PVC. Electrical pedestals are believed to be 100 amps. Residents are direct-billed for water, electricity, and gas, while garbage is included in the rent. The park has asphalt roads in good condition. Tenants maintain their pads, while the park handles common areas. The handyman provides snow removal. Improvements include road upgrades, addition of park-owned homes, and plumbing projects. The owner suggests adding a trailer on the front lot for $800 monthly rent. Atkinson is located 16 miles from Kewanee, 31 miles from Moline, 33 miles from Bettendorf, 36 miles from Davenport, 38 miles from Rock Island, 68 miles from Peoria and 144 miles from Chicago.
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Location Insight
- Map
- Local Demand
- City
- Atkinson
- County
- Henry
- State
- Illinois
- Longitude
- -90.012619
- Latitude
- 41.41814
FAQs
What type of property is this?
Mobile home & RV park - 24-pad mobile home community in Atkinson, Illinois.
Where is this mobile home & rv park located?
The property is located at 109 S Pearl St Atkinson, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Public water & sewer: Connected to city services.; Strong occupancy: 20 of 24 pads currently occupied, offering stable income.; Rent increases: Rents recently raised in April 2024, suggesting increased revenue potential.
