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MHRE Confidential Portfolio #239

Illinois

Property overview

Portfolio is located in northern Illinois in the Bloomington MSA.

The current owner has made significant improvements to the homes over the last 5 years. The majority of homes have been updated with new windows, hot water heaters, furnaces, roof coating, kitchen and bathroom remodels, electrical, plumbing, painted exteriors and new skirting. Both properties are on municipal water and sewer, allowing the opportunity for a new owner to install meters to billback water and sewer to the residents and significantly increase the NOI.

MHRE Confidential Portfolio #239

Illinois

For detailed information on this property please contact: Tammy Fonk (262) 498-3837.

Property Summary

Total Sites70+
Land (Acres) +5.84
Occupancy63%
Average Rent/Site$350

OFFERING SUMMARY

Community Price$1,025,000
Community Owned Homes & Notes$0
Total Investment$1,025,000
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