2495 Hill Avenue Active Save Request In-Person Tour Request Virtual Tour
Decatur,IL 62526
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12208278
Year Built 1959
Annual Tax Amount $2,587
Tax Year 2023
Lot Size 17.250 Acres
Property Description
Value-add opportunity with this mobile home park located on a spacious 17.25-acre.This property offers 18 mobile home pads, with 8 mobile homes currently on-site, providing immediate rental income and room for substantial expansion. Ample space for growth, additional pads, or redevelopment potential. 18 Mobile Home Pads: Currently 8 of the pads are occupied with homes, leaving room to develop and add more units to maximize returns. Utilities in Place: The site is equipped with necessary utilities, making it ready for immediate improvements or additional homes. Value-Add Potential: Significant opportunity for increasing revenue through infill of vacant pads and upgrading existing infrastructure. Convenient Location: Located in a quiet, with close proximity to major roadways and local amenities.With a mix of current income and tremendous upside potential, this mobile home park is ideal for investors looking for a hands-on project with room to grow.
Location
State IL
County Macon
Interior
Fireplace N
Exterior
Utilities Available Well-Community,Septic-Private
Waterfront false
View Y/N true