Property profile

303 Little St Rushville, IL 62681

OFF-MARKET
Commercial real estate
Property ID
US28-4924330
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
UPID US28-4924330

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

303 Little St Rushville, IL 62681
Rushville metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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