103 Hollyhock Lane, Metamora IL 61548 Photo 1 103 Hollyhock Lane, Metamora IL 61548 Photo 2 103 Hollyhock Lane, Metamora IL 61548 Photo 3 103 Hollyhock Lane, Metamora IL 61548 Photo 4 103 Hollyhock Lane, Metamora IL 61548 Photo 5 103 Hollyhock Lane, Metamora IL 61548 Photo 6 103 Hollyhock Lane, Metamora IL 61548 Photo 7 103 Hollyhock Lane, Metamora IL 61548 Photo 8 103 Hollyhock Lane, Metamora IL 61548 Photo 9 103 Hollyhock Lane, Metamora IL 61548 Photo 10 103 Hollyhock Lane, Metamora IL 61548 Photo 11 103 Hollyhock Lane, Metamora IL 61548 Photo 12
Listing Courtesy of Coldwell Banker the R.E. Group

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Virtual Tour
103 Hollyhock Lane - This is a beautiful 134 pad mobile home park that is adjacent to Lake Wildwind in a relaxed rural setting, located on approximately 40.00 acres in rural Metamora, IL (Peoria Metro). The park is on well water and has its own waste water treatment plant. Each pad has its own electric meter. The road is asphalt and in average shape. The park has had only two absentee owners in the past 20+ years. The present owner is in his 70's and wants to retire. This is a terrific opportunity to take this park to the next level and improve upon its already impressive adjusted ordinary income of over $115,000 annually!

Listing information

  • MLS® ID: 10429496
  • Status: Active with Contingency
  • New Construction: No
  • Lot Size: 39.39 ACRES
  • Style: Multi-Family
  • Stories: 1
  • Foreclosure: No
  • Estimated Annual Taxes: $20,436
  • Year Built: 1966
  • Parking Type Description: None 0 cars
  • Lot Area: 39.39 Acres
  • County: Woodford

Features

Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Contingency Flag Attorney/Inspection
Franchisor Feed(y/n) No
Frontage/Access County Road
Heat/Ventilation Central Heat/Indiv Controls, Electric, Forced Air
Information No Sign on Property
Other # Of Units - 22, Electricity Expense - 15880, Fuel Expense - 0, Gross Rent Multiplier - 6.03, Gross Rental Income $ - 231971, Insurance Expense - 12976, Janitor Expense - 0, Net Oper Income $ - 11695, Other Expenses - 31511, Repairs-Decor Expense - 35101, Scavenger Expense - 8947, Tax Year - 2018, Total Annual Exp - 115016, Total Annual Income - 231971, Total Monthly Income - 19330, Township - Metamora, Water Expense - 0, Zoning Type - Commr
Property Type Multi Family 5+
Tenant Pays Air Conditioning, Electric, Heat
Type Multi-Family Other
Listing Courtesy of Coldwell Banker the R.E. Group