303 Little St, Rushville, IL 62681
This exceptional investment opportunity presents a 3-acre mobile home park ideally situated in Rushville, Illinois, a thriving rental market. The property boasts 27 total mobile home lots, with 12 homes currently owned by the park. This translates to a strong existing cash flow, but with significant potential for further revenue growth. The park's infrastructure is robust, featuring city water and city sewer connections, ensuring reliable services. A key advantage is that tenants are responsible for all utility payments directly, minimizing operational overhead for the owner. The park's location within Rushville offers convenient access to local amenities and services, contributing to its attractiveness for residents. This turnkey operation presents a compelling investment opportunity for those seeking a stable, cash-flowing asset with clear upside potential. The property's size and existing infrastructure provide a solid foundation for future expansion and improvement strategies. Financial details are available upon request. This is a rare chance to acquire a well-established mobile home park in a desirable location with proven profitability and significant growth potential. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property 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.