101 Poplar St De Soto, IL 62924
This exceptional investment opportunity presents an 8-unit mobile home park situated on six plots of land in De Soto, Illinois, at 101 Poplar Street, zip code 62924. Priced at $95,000, this property offers significant potential for immediate and future income generation. Currently, the park includes two vacant lots with utilities already in place, ready for immediate occupancy and increased revenue. Three landlord-owned trailers are on-site; one is currently rented, one is ready for rental (with inquiries already received), and one is used for storage but could be renovated for rental income. Three additional lots are occupied by tenant-owned trailers, generating consistent monthly lot rent. One of these tenant-owned trailers is expected to be sold soon, further enhancing the property's income potential. This mobile home park is one of the few state-registered parks in the area, providing a competitive advantage. This property is ideal for both seasoned and new investors seeking a strong return on investment with significant upside potential. The property's location in Jackson County, Illinois, offers easy access to local amenities and transportation. This is a turnkey operation with immediate cash flow and the potential for significant growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.