Mobile Home Park with 24
For Sale
Contact for pricing
200 S Barnett Street, Nauvoo, IL 62354
Mobile home park offered with 24 pads, 91% occupied, and three park-owned homes on city water and city sewer.
Property SizeContact for details
Days on Market124
Property Features for 200 S Barnett Street
General Information
Standard status
Active
Property subtype
Mobile Home Park
Listing Agency:
Mr. Landman
(217) 202-0924
Listed By:
Jon Fisher · License #IN RB18000549
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 7:53AM
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
Investment Insights
Based on property information with market context.
This “mom and pop” mobile home park includes 24 pads that are currently 91% occupied. The offering also includes three park-owned homes, two of which are rental homes and one owner’s residence. In addition, there are 19 tenant-owned homes at the park, each paying lot rent.
The property is served by city water and city sewer. Each pad has its own electric and gas meters; however, the park does not have individual water meters at each pad, which will require attention from the new owner. The average monthly water bill is over $1,275, and the remarks indicate the current owner is foregoing approximately $15,500 in water-related revenue. The park’s last rent increase was over two years ago.
The park also has a full acre inside the exterior ring of homes that could be developed into additional pads. At current rental rates and a 90% occupancy level, the remarks project annual rental revenue in the range of $55,000 to $65,000. Emphasis will be placed on a short due-diligence period if there are multiple offers.
The property is served by city water and city sewer. Each pad has its own electric and gas meters; however, the park does not have individual water meters at each pad, which will require attention from the new owner. The average monthly water bill is over $1,275, and the remarks indicate the current owner is foregoing approximately $15,500 in water-related revenue. The park’s last rent increase was over two years ago.
The park also has a full acre inside the exterior ring of homes that could be developed into additional pads. At current rental rates and a 90% occupancy level, the remarks project annual rental revenue in the range of $55,000 to $65,000. Emphasis will be placed on a short due-diligence period if there are multiple offers.
Key Highlights
- Mobile home park with 24 pads, currently 91% occupied.
- Lot rent: 19 tenant‑owned homes paying $220/month for lot rent; last rent increase was over two years ago.
- Park sells with three park‑owned homes: two rent for $550/month plus the owner’s residence.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
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Business Placement
Demographics for 62354, IL
1,475
Population
840
Households
1.8
Avg Household Size
53
Median Age
26%
College-Educated
98%
High-School Grad
36.6 sq mi
ZIP Area
40
Density / Sq Mi
$62,237
Median Household Income
$26,250
Median Earnings
$828
Median Rent
$147,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Mobile home park offered with 24 pads, 91% occupied, and three park-owned homes on city water and city sewer.
Where is this mobile home & rv park located?
The property is located at 200 S Barnett Street Nauvoo, IL.
What are key features of this property?
This property features: Mobile home park with 24 pads, currently 91% occupied.; Lot rent: 19 tenant‑owned homes paying $220/month for lot rent; last rent increase was over two years ago.; Park sells with three park‑owned homes: two rent for $550/month plus the owner’s residence.
