Stabilized Manufactured Housing
3710 Daffodil Dr, Bloomington, IL 61705
37-site community with immediate cash flow and low maintenance.
Type:Mobile Home Park
- Added:
- Feb 4, 2026
- Days on Market:
- 106
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 3710 Daffodil Dr
General Information
- Standard status
- Active
- Property subtype
- Mobile Home Park
Listing agent Kolman Bubis License #IL 475173212
Listing office Sunstone Real Estate Advisors
Listing date Feb 4, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Sunstone Real Estate Advisors
HighLights
- 100% physical and economic occupancy provides immediate in‑place cash flow.
- Fully resident‑owned community results in a simple, low‑maintenance operating profile.
- Projected Net Operating Income growth from approximately $110,700 to ~$193,000 by Year 3.
- Conservative growth strategy focused on contractual rent increases.
- Stable collections and strong resident tenure indicate predictable operating performance.
- Expense ratios projected to decline, reflecting more efficient management.
Overview
Prairie Place is a 37-site manufactured housing community, currently operating at full physical and economic occupancy. The community is resident-owned, which results in a low-maintenance operating profile with no park-owned home exposure. The current average lot rent is approximately $527 per month, following a $35 rent increase on January 1st. The asset benefits from stable collections, strong resident tenure, and predictable operating performance. The property presents an opportunity to acquire a fully stabilized manufactured housing community with immediate in-place cash flow and limited operational complexity. Total revenue is projected to increase from approximately $220,000 to approximately $267,000 by Year 3, driven by steady annual rent growth. Net Operating Income is projected to grow from approximately $110,700 to approximately $193,000 by Year 3, supported by expense ratio improvement as legacy costs normalize. Expense ratios are projected to decline from approximately 50% to approximately 28% by Year 3, reflecting more efficient management and stabilized operating expenses. This growth profile underscores the property's ability to deliver cash flow expansion without reliance on occupancy risk or aggressive assumptions.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Prairie Place
Campground & RV Park
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- McLean
- State
- Illinois
- Longitude
- -89.0323716
- Latitude
- 40.4336566
Nearby Similar for Sale
FAQs
What type of property is this?
Mobile home & RV park - 37-site community with immediate cash flow and low maintenance.
Where is this mobile home & rv park located?
The property is located at 3710 Daffodil Dr Bloomington, IL.
What is the asking price?
The asking price for this property is $2,710,000.
What are key features of this property?
This property features: 100% physical and economic occupancy provides immediate in‑place cash flow.; Fully resident‑owned community results in a simple, low‑maintenance operating profile.; Projected Net Operating Income growth from approximately $110,700 to ~$193,000 by Year 3.
