Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Available for purchase, Manufactured Housing Community, located at 524 E Jefferson St, in Toulon, Illinois, on a 2.89 acre site consisting of 1 parcel with 25 home sites for manufactured homes. Current occupancy is 28%. Sites rent at $380 per month. Site condition is considered average to fair, with good upward potential. There are utilities at each site. Gross potential yearly income, fully stabilized is at $114,000 with a capitalization rate of 7.6%,. Tax rate is very reasonable, price to sell. I got Take a look and walk the site and see the potential. Please do not disturb any tenants
Property Highlights
Property Type: Commercial - Investment
Lot Size: 2.89 acres
General Information
County: Stark
Listed By:
L & B All Star Realty Advisors LLC
312-925-0900
MRED MLS
MLS ID: 12788102
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524 E Jefferson Street, Toulon, IL 61483.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $150,000 | $150,000 | $150,000 |
| Down Payment | $30,000 | $5,250 | $37,500 |
| Monthly Mortgage Amount | $778 | $955 | $965 |
| Taxes | $209 | $209 | $209 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,087 | $1,330 | $1,274 |
Ray McDevitt
REALTOR®
Office: (563) 441-5228
Cell: (563) 940-0754
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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