426 Jefferson Street, Anna

$175,000

0 Beds
0 Baths
0 Sqft
2.26 Acres
0 Garages

Anna Mobile Home Park sits on 2.26 acres in Anna, IL. The park is located in a nice location in town next to the golf course, and it is also near Anna City Park. The park is on city water & city sewer. Each pad has its own electric meters, water meters, & gas meters. The road going thru the park is asphalt and is in fairly decent condition (it does have a few holes that will need fixed). Each pad has 200 amp electrical service. The tenants currently mow their own spaces. The park is currently distressed and the asking price reflects the current income rate of the park. The park was appraised for $285,000 using the sales comparison approach in 2012, $300,000 using the cost approach, and $309,000 using the income approach. There are currently 13 park owned homes that are habitable. There are six park owned homes that need removed. Two tenants are renting pads. One lot is vacant. Value added investment opportunity here!

Essential Information
MLS® #10292649
Price$175,000
Acres2.26
Year Built1960
TypeCommercial
Sub-TypeMulti Family 5+
StatusContingent
Community Information
Address426 Jefferson Street
AreaOut of Area South
CityAnna
CountyOther
StateIL
Zip Code62906
Amenities
Parking Spaces40
Interior
HeatingElectric, Gas
Stories1
Listing Details
OfficeColdwell Banker The R.E. Group
Property History
Status Changed from Active to Contingent
Status Changed from New to Active
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Listing information last updated on May 23rd, 2019 at 9:07pm CDT.

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