Property summary
This exceptional investment opportunity presents Eastern Estates, a 36-pad mobile home park situated in Pekin, Indiana, at 90 Eastern Park Blvd, 47165. Currently boasting 100% occupancy, the park generates a substantial Net Operating Income (NOI) of $159,840, representing an 8.20% capitalization rate. Pro forma NOI is projected at $196,284, yielding a 10.07% cap rate, indicating significant upside potential. The asking price is $1,950,000, translating to $54,167 per pad. The park features… 18 rented lots with an average monthly rent of $300 and 18 park-owned homes with an average monthly rent of $741. All utilities are directly billed to tenants, simplifying management. The park benefits from paved roads and attractive curb appeal, enhancing its overall value. The property is classified as Class C and represents a stabilized investment with immediate cash flow. The Pekin, Indiana market shows strong median home values and high two-bedroom rental rates, suggesting further rental growth opportunities. A new owner could potentially increase lot rents to over $400 per month. The property's APN is 88-15-19-000-014.002-016. This is a turnkey operation with immediate cash flow and significant upside potential for a savvy investor.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight