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Listed by Robert Davenportof RE/MAX REALTY CENTRAL
$ 925,000
Est. payment /mo
Active
111 Devan Drive Murphysboro, IL 62966
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12583844
Year Built 2020
Annual Tax Amount $2,677
Tax Year 2024
Lot Dimensions 8.800
Property Sub-Type Mixed Use
Property 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.
Location
State IL
County Jackson
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site
View Y/N true
Building
Foundation Other
Sewer Septic Tank
Structure Type Vinyl Siding
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