3710 Daffodil DrBloomington, IL 61705

Property Details for 3710 Daffodil Dr

Lot size

7.46 AC

Property type

Commercial real estate

APN

21-19-326-011

APU

2119326011

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $67,160,336

  Hospitality

  $61,518,508

  Educational

  $51,182,676

  Medical

  $52,942,924

  Retail

  $79,617,496

Location Insight

City

Bloomington

County

Mclean

State

Illinois

Latitude

40.4343

Longitude

-89.0327

CBSA code

14010

CBSA name

BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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