Property Listing No Longer Available for Sale

353 W Monroe St, MONTICELLO, IL

Others for Sale - $309,000

Property Info

CIMLS #1024187
Location353 W Monroe St
Last UpdatedDecember 14th, 2018
DemographicsView data

Property Description

PERFECT investment opportunity for new or smaller investors!!! This clean little "mom & pop" park sits on (1.38 acres) in beautiful Monticello, IL. This is a 17 pad unit that is currently at 77% capacity and has good cash flow...and some upside to it as well. All of the trailers in the park are owned by the tenants. The park sits in the southwest corner of Monticello just blocks away from the high school & athletic facilities. The owner of the park lives locally so he has been managing the park himself. There is a tenant that helps him quite a bit, and the owner feels this gentleman would make an excellent manager or greeter should you not be a local investor. The park is serviced by city water & sewer, the underground pipes have been replaced recently, and the roads are in good condition. The owner has owned the park for nearly 25 years and would like to find a new owner who will take care of his long-term tenants that he has grown fond of.

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