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301-303 S East Street Abingdon, IL 61410 • Commercial - Investment • New

New - 5 Hours Ago
  • 301-303 S East Street , Abingdon, IL 61410 Main Photo

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Description

Available for purchase, Rolling Meadows Manufactured Housing Community, located on a site of 563,665 SF (12.94 acres) of total land area in Abingdon, Illinois. Property consists of 4 parcels with 21 home sites for manufactured homes. Current occupancy is 38.1%. Sites rent at $320 per month. Site condition is considered average to fair, with good upward potential. There are utilities at each site. Gross potential income is at $80,640, with a capitalization rate of 9.9%, when fully stabilized. Tax rate is very reasonable, price to sell. Take a look and walk the site and see the upward potential. Please do not disturb any tenants.

Property Highlights

Property Type: Commercial - Investment
Lot Size: 12.71 acres

General Information

County: Knox
Listed By:
L & B All Star Realty Advisors LLC 312-925-0900
MRED MLS
$80,000
Est. $637/mo
New to the Market New
MLS#12788075
STATUSNew PROPERTY TYPECommercial - Investment

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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301-303 S East Street , Abingdon, IL 61410.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $80,000$80,000$80,000
Down Payment $16,000$2,800$20,000
Monthly Mortgage Amount $426$523$519
Taxes $111$111$111
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$35$0
Monthly Estimated Total $637$769$730

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