Prime Investment Opportunity - Mobile Home Park with Expansion Potential. Situated on 15.49 acres, this established mobile home park presents a rare opportunity to acquire a high-performing asset with significant upside. Currently licensed for 96 spaces, the park includes 32 income-producing trailers, 6 additional trailers ready to be rented/renovated, and 14 fifth-wheel sites. With infrastructure already in place, investors have the flexibility to enhance cash flow by stabilizing existing units, increasing occupancy, or expanding further to maximize the property's full capacity. This property offers multiple avenues for return on investment, whether you choose to operate as-is with steady rental income, reposition the underutilized spaces for greater efficiency, or pursue a long-term redevelopment strategy. Mobile home parks of this size are increasingly difficult to find, especially with licensing for nearly 100 spaces already secured. An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a value-add asset in a growing sector of the housing market.
Listed By
Agency Name: Century 21 Affiliated - Rockford
Agency Phone: 815-397-7700
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimated Payment
$ 7,245.68 per month $5,630.68 Principal & Interest $877.08 Property Tax $737.92 Homeowner's Insurance
2530 S Main Street | MLS# 12451379
This land located at 2530 S Main Street, Rockford, IL 61102 is currently listed for sale with an asking price of $2,530,000. The property has approximately 15.49 Acres. S Main Street is located within the District 205 school district. Search Rockford real estate on www.bhhscrosby.com today.