33-Site Mobile Home
For Sale
Contact for pricing
701 South Elm Street, Cresco, IA 52136
Fully occupied community with tenant-owned homes and city water and sewer services.
Property SizeContact for details
Days on Market119
Property Features for 701 South Elm Street
General Information
Standard status
Active
Class
C
Property subtype
Mobile Home Park
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$50,568
Building Details
Year Built
1962
Stories
1
Units
33
Listing Agency:
eXp Commercial
Listed By:
Phillip Li · License #2563988
Source:
Crexi
Added: May 6
Changed: Aug 30
Last Checked: Aug 30 at 9:18PM
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 eXp Commercial
Investment Insights
Based on property information with market context.
Shady Oaks is a 33-site mobile home community consisting entirely of tenant-owned homes on rented pads. The property is reported at 100% occupancy, creating a fully leased operating profile. Built in 1962, the community is served by municipal water and sewer systems, supporting straightforward utility infrastructure for ongoing operations.
The park is located at 701 South Elm Street in Cresco, Iowa. Its lot-rent configuration and established occupancy provide a clearly defined operating model for buyers evaluating a mobile home park asset. The offering is structured around existing site occupancy rather than ownership of the homes, with all 33 locations occupied by residents who own their homes.
The park is located at 701 South Elm Street in Cresco, Iowa. Its lot-rent configuration and established occupancy provide a clearly defined operating model for buyers evaluating a mobile home park asset. The offering is structured around existing site occupancy rather than ownership of the homes, with all 33 locations occupied by residents who own their homes.
Key Highlights
- 33‑site mobile home community
- 100% occupancy across all 33 sites
- All sites are occupied by tenant‑owned homes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Explore this area
Business Placement
Demographics for 52136, IA
6,009
Population
2,611
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
93%
High-School Grad
210.4 sq mi
ZIP Area
29
Density / Sq Mi
$66,932
Median Household Income
$38,211
Median Earnings
$721
Median Rent
$153,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Fully occupied community with tenant-owned homes and city water and sewer services.
Where is this mobile home & rv park located?
The property is located at 701 South Elm Street Cresco, IA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 33‑site mobile home community; 100% occupancy across all 33 sites; All sites are occupied by tenant‑owned homes
