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49-Lot Mobile Home Park Portfolio
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59 CINNAMON LN, Murphysboro, IL 62966

Two established communities include a fully occupied park and a second site with city water and sewer.

Property SizeContact for details
Days on Market125

Property Features for 59 CINNAMON LN

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 83%

Additional Details

Asking Price $1,064,000

Building Details

Units 29
Listing Agency: The MHP Broker
Listed By: Spencer Schelp · License #IL 471.018686
Source: Crexi
Added: Apr 28 Changed: Aug 30 Last Checked: Aug 30 at 4:17AM

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 The MHP Broker

Investment Insights

Based on property information with market context.

This offering includes two manufactured housing communities in Murphysboro, Illinois: Cinnamon Lane MHP and Smeade Lane MHP. Together, the parks contain 49 lots and may be acquired separately or as a combined portfolio. Cinnamon Lane comprises 30 lots and reports 100% current occupancy, while Smeade Lane includes 19 lots and six park-owned homes located on site for improvement and lease-up.

Both communities are situated within the Southern Illinois University Carbondale economic corridor, with the campus approximately seven miles east. The surrounding employment base includes Southern Illinois Healthcare, state and county government, and light manufacturing. Smeade Lane is served by city water and city sewer, and its existing income stream covers debt service. The properties have been held by the same owner for more than two decades, and seller financing is available for discussion.

Key Highlights

  • Combined portfolio includes 49 lots across two manufactured housing communities
  • Cinnamon Lane MHP has 30 lots and 100% current occupancy
  • Smeade Lane MHP contains 19 lots and six park‑owned homes

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Hair Salon Grocery & Convenience Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

Demographics for 62966, IL

14,026
Population
7,125
Households
2
Avg Household Size
43
Median Age
23%
College-Educated
90%
High-School Grad
111.0 sq mi
ZIP Area
126
Density / Sq Mi
$54,242
Median Household Income
$32,109
Median Earnings
$681
Median Rent
$117,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Two established communities include a fully occupied park and a second site with city water and sewer.
Where is this mobile home & rv park located?
The property is located at 59 CINNAMON LN Murphysboro, IL.
What is the asking price?
The asking price for this property is $1,064,000.
What are key features of this property?
This property features: Combined portfolio includes 49 lots across two manufactured housing communities; Cinnamon Lane MHP has 30 lots and 100% current occupancy; Smeade Lane MHP contains 19 lots and six park‑owned homes
(217) 823-3110 Call to check price and availability
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