Manteno Point Mobile Home Park
13 Unit Mobile Home Park | $700,000 ($53,846/Unit) | 13.28% Cap Rate | Manteno, IL 60950
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $700,000
- Property Type
-
Multifamily
- Square Feet
- 18,000 SF
Listing Contacts
Thomas Shanley
Verified Profile
Anthony Spangler
Verified Profile
- Property Info
Property Overview
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase Manteno Point Mobile Home Park, a multi-family investment property located at 10617 N State Route 50 in Manteno, Illinois (the “Property”). The Property contains thirteen (13) residential units comprised of twelve (12), 2-Bedroom/1-Bathroom mobile homes, and one (1) Studio unit with 10,000 square feet of living area in 18,000 square feet of total gross area on a 1.4-acre parcel. The Manteno Point Mobile Home Park is positioned at the intersection of N 3000E Road and N State Route 50, the area’s primary commercial and commuter corridor. The Property is 1.5-miles from the center of Manteno, and offers convenient access to the area’s schools, businesses, retailers, and restaurants. The Property is also just 2.75-miles from Interstate 57 and 3.5-miles from US Highway 52. Manteno is in Will County, Illinois, nestled along Interstate 57 and Illinois Route 50, approximately 11 miles north of Kankakee, 27 miles southeast of Joliet, and 45 miles south of Chicago.
Property Details
- Class
- C
- Year Built
- 1985
- Stories
- 1
- Property Subtype
- Manufactured Housing/Mobile Home
- Lot Size (sq. ft)
- 60,984 SF
- Units
- 13
Highlights
- Value-Add Potential
- Separately Metered
- Area Amenities
Nearby Properties
Similar Properties
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