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    1219 20Th St Murphysboro, IL 62966

    Sponsored
    For Sale
    $300,000

    15-unit Mobile Home Park in Murphysboro, IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.22-acre mobile home park, Meadow Vista, presents a compelling investment opportunity in Murphysboro, Illinois. Built in 1970 and licensed for 38 sites, the park currently boasts 15 occupied units, offering immediate cash flow. Nine units are tenant-owned, and seven are owned by the park and included in the sale. The park's remote management structure is streamlined, with tenant rent deposits made directly to a local bank and a resident greeter handling showings and reporting issues. Established subcontractors handle maintenance, minimizing operational overhead. Each site accommodates a single-wide mobile home with two off-street parking spaces. City water and sewer services are in place, with a master-metered water system and individual tenant sub-meters. The paved roads are in good condition. Located approximately 97 miles southeast of St. Louis and seven miles northwest of Southern Illinois University in Carbondale, the park benefits from proximity to recreational areas like Trail of Tears State Park and Shawnee National Forest, as well as Kinkaid Lake and Saint Joseph Memorial Hospital. This turnkey operation offers a strong return on investment with potential for future growth. Tenants are responsible for their own utilities (electric, gas, water, sewer, and trash). The asking price is $300,000.

    Property Features for 1219 20Th St

    General Information

    Property type
    Multifamily properties
    Lot Size
    183,823 SF

    Building Details

    Year Built
    1970
    Units
    15

    HighLights

    • Murphysboro, IL location in Jackson County.
    • ~97 miles southeast of St. Louis, ~7 miles northwest of Southern Illinois University (Carbondale).
    • Proximity to Trail of Tears State Park, Shawnee National Forest, and Kinkaid Lake.
    • Convenient access to St. Joseph Memorial Hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murphysboro
    County
    Jackson
    State
    Illinois
    Longitude
    -89.3462272
    Latitude
    37.7748893

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    FAQs

    What type of property is this?
    Multifamily property - 15-unit Mobile Home Park in Murphysboro, IL
    Where is this multifamily property located?
    The property is located at 1219 20Th St Murphysboro, IL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Murphysboro, IL location in Jackson County.; ~97 miles southeast of St. Louis, ~7 miles northwest of Southern Illinois University (Carbondale).; Proximity to Trail of Tears State Park, Shawnee National Forest, and Kinkaid Lake.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

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    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1219 20Th St Murphysboro, IL 62966
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