3710 Daffodil DrBloomington, IL 61705

For Sale
$2,710,000
Bloomington, IL - 37 Sites, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
125
Prairie Place, a thriving 37-site mobile home park in Bloomington, Illinois, presents a compelling investment opportunity. This fully occupied, all-ages community boasts a strong net operating income (NOI) of $162,836, with an asking price of $2,710,000. Built in 2003, the park sits on a 7.46-acre lot and features newer, multi-section homes, eliminating park-owned units and ensuring consistent occupancy. Conveniently located south of downtown Bloomington, residents enjoy easy access to major roadways, including Interstates 55 and 74. The property benefits from city water and sewer services, directly billed to residents, along with direct-billed trash services. Average lot rent is $430 per month. Its prime location offers proximity to recreational amenities like the Den at Fox Creek Golf Course, and is also near various shopping and dining options, including Starbucks, CVS, and Famous Dave's Bar-B-Que. The Bloomington-Normal metropolitan area is home to major employers such as State Farm's corporate headquarters, Illinois Wesleyan University, and Illinois State University, contributing to a stable and desirable resident base. This turnkey investment offers a rare opportunity to acquire a well-maintained, high-performing mobile home park with significant upside potential. The absence of park-owned homes and the 100% occupancy rate contribute to a low-risk, high-reward profile.

Highlights

  • All homes are newer multi-family units.
  • No park-owned homes; 100% occupancy.
  • Convenient access to Interstates 55 and 74.
  • Water, sewer, and trash services are resident-billed.

Property Details for 3710 Daffodil Dr

Property type
Mobile home & RV parks
Year Built
2003
Lot Size (sq. ft)
324,958 SF
Units
37

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.434317
Longitude
-89.032689
3710 Daffodil Dr, Bloomington, Illinois

FAQs

What type of property is this?
Mobile home & RV park - Bloomington, IL - 37 Sites, High NOI
Where is the mobile home & rv park located?
The property is located at 3710 Daffodil Dr Bloomington, IL.
What is the asking price?
The asking price for this property is $2,710,000.
What are key features of this property?
This property features: All homes are newer multi-family units.; No park-owned homes; 100% occupancy.; Convenient access to Interstates 55 and 74.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3710 Daffodil Dr
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