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103 Hollyhock LN Metamora, IL 61548
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10429496
Sold Date 12/13/19
Maintenance Fees $35,101
Year Built 1966
Annual Tax Amount $20,436
Tax Year 2018
Lot Size 39.390 Acres
Lot Dimensions 39.39 ACRES
Property Sub-Type Multi Family 5+
Property Description
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!
Location
State IL
County Woodford
Area Metamora
Zoning COMMR
Interior
Fireplace N
Building
Level or Stories 1
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Bought with Jon Fisher • Coldwell Banker The R.E. Group