Mobile Home Park Details

Purchase Method: Cash, Seller Financing, New Loan
Listing ID: 4381876
Posted On: Feb 4, 2024
Updated On: Mar 6, 2024

Description

Coulterville MHP is a 23-pad MHP on approximately 3.18 acres in Coulterville, IL. The age of the park is not known by the current owner. The park is zoned 0030 (Vacant Residential) and is believed to be in compliance. All of the tenants pay their rent by mailing a check or money order, or by using venmo. The park does not have an on-site manager. The park has a maintenance man.

The exact size of the pads at Coulterville MHP was not provided. The current owner refers to them as "standard". There are presently four trailers that need to be removed from the property. All of the occupied homes in the park are owned by the tenants. There are 11 TOH's in the park (48% occupied). The rent on these TOH is currently $150 per month. There are no vacant trailers being held for back taxes. The park does not utilize leases.

City water & city sewer! The pipe material for the waterlines & sewer are unknown by the current owner. The amperage of the electrical pedestals are also unknown. Residents are billed directly for their electricity & water, by their respective providers. The tenants also pay for garbage removal. The owner believes that all vacant pads are able to accept trailers. The roads are paved and are considered to be in "average" shape. The roads are maintained by the village of Coulterville. The tenants are required to mow their own space and the park takes care of the common areas. The tenants move snow when needed.

Priority will be given to all-cash offers. The owner of Coulterville MHP is also willing to entertain seller finance offers from qualified individuals. He would like to receive 50% at closing and will finance the remaining 50% for five years.

Location

Coulterville is a village in Randolph County, Illinois. The population
was 945 as of the 2010 census.

Coulterville is located:

27 miles NW of DuQuoin, IL
45 miles NW of Carbondale, IL
47 miles SW of Mt. Vernon, IL
51 miles SE of St. Louis, MO
120 miles NW of Paducah, KY

Coulterville, IL is a great place to look for jobs with a projected job growth rate of 21.58%, which is higher than the US average of 30.54%. The unemployment rate in Coulterville, IL is 3.8%, which is lower than the national average of 4.1%.

Compared to the rest of the country, Coulterville's cost of living is 25.4% lower than the U.S. average.

The average income of a Coulterville resident is $19,055 a year. The US average is $28,555 a year. The Median household income of a Coulterville resident is $44,063 a year. The US average is $69,021 a year.

The median home cost in Coulterville is $95,000. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Coulterville is up 12.4%. Renters make up 12.1% of the Coulterville population. 2.1% of houses and apartments in Coulterville are available to rent.

Randolph County is a county located in the U.S. state of Illinois. According to the 2020 census, it had a population of 30,163. Its county seat is Chester. The county is part of Southern Illinois in the southern portion of the state known locally as "Little Egypt", and includes fertile river flats, part of the American Bottom; it is near the Greater St. Louis area.

Here are the largest employers in Randolph County, IL:

•Gateway FS
•Knighthawk Coal Company
•Southern Illinois Crankshaft
•Dorma
•Spartan Light Metals
•Red Bud Industries
•R & D Machine
•The Material Works
•Roeslein Red Bud
•G & S Foundry
•Kaskaskia Brewing Company
•Dynegy
•Peabody Energy
•Flex-Line Automation
•Total Titanium
•Southern Illinois Transfer
•Secon Rubber and Plastics
•Gilster-Mary Lee
•Precision Laser Manufacturing