111 Devan DriveMurphysboro, IL 62966

Description

Income-producing, state-licensed mobile home park on 8.8 acres featuring 8 doublewide homes with room to grow. Current homes utilize only about half of the acreage, leaving a substantial expansion area that has already been surveyed and approved for up to 8 additional doublewides. The expansion is permitted through the State and already included in the mobile home park license-a major value add that can be difficult to obtain. The property also offers a commercial-front area with a large 90' x 280' concrete pad, providing added flexibility for future use (subject to local requirements). Average rent is approximately $800 per unit. Each home is on city waterwith a water main sized to support additional homes; Ameren is the electric provider. Homes are served by individual septic systems (no city sewer). All existing homes carry the mobile home privilege tax, and the additional approved home sites would as well if installed. Property tax averages ~$150 per home annually, with land tax approximately $2,500/year (buyer to verify). A rare opportunity to purchase an established park with immediate cash flow and built-in expansion potential.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

2020

Stories

1

Lot size

27,504 Sq Ft

Lot dimensions

8.800

Zoning

COMMR

Days on market

213

MLS^® Listing#

12583844

Property Features

Cooling

Central Air

Construction

Vinyl Siding

Foundation

Other

Sewer

Septic Tank

Financial Details

Annual taxes

$2,678Tax year 2024

Parcel number

0922300011

Directions

Fronts on the south side of Kimmel Bridge Road