403 Sycamore Street

    Albany, IL 61230
    • $500,000
    • STATUS: Closed
    • ON SITE: 123 days
    • MLS #: 10447469
    Sold - 11/05/2019
    $500,000
    SOLD - 11/05/2019
    • 0
      BEDS
    • 7.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,176
      SQFT
    • $70
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:
    Area:

    School Ratings & Info

    Description

    Well maintained 48 pad mobile home park with 34 self storage units and coined laundry facilities. Sales price includes all grounds and park maintenance equipment. All mobile homes are tenant owned. The park has consistent income from 32 permanent tenants (67% occupancy), 34 self storage units occupied (100%), and laundry facilities. The park enjoys country living with city utilities and only half a mile from the Mississippi River. Storage units include (10) 12' x 24' units, (16) 10' x 20', and (8) 5' x 10' self storage units. On-site manager willing to continue managing property. Financials available to qualified buyers with confidentiality agreement.

    Sold by Kophamer & Blean Realty.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2019-11-11T23:50:15.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    403 Sycamore Street Albany, IL 61230

    • Price: $625,000
    • Status: Closed
    • MLS #: 10447469
    0
    Beds
    0
    Baths
    0
    ½ Baths
    7.11
    Acres
    7,176
    SQFT
    $70
    $/SQFT
    1968
    Built
    Neighborhood:
    Albany
    County:
    Whiteside
    Area:
    Albany
    Property Description
    Well maintained 48 pad mobile home park with 34 self storage units and coined laundry facilities. Sales price includes all grounds and park maintenance equipment. All mobile homes are tenant owned. The park has consistent income from 32 permanent tenants (67% occupancy), 34 self storage units occupied (100%), and laundry facilities. The park enjoys country living with city utilities and only half a mile from the Mississippi River. Storage units include (10) 12' x 24' units, (16) 10' x 20', and (8) 5' x 10' self storage units. On-site manager willing to continue managing property. Financials available to qualified buyers with confidentiality agreement.
    Exterior Features

    Lot Dimensions 232.05X1334.01 Lot Sq Ft 309557 Number Of Parking Spaces 48

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 0 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 1 Number Of Units Apt Type1 0 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Repairs Decor Expense 0

    Property Features

    Age Older Built Before1978 YN Yes Electricity Expense 0 Expense Year 2018 Fuel Expense 0 Gross Rental Income Amount 87440 Heat Ventilation None Insurance Expense 3831 Janitor Expense 0 Net Oper Income Amount 54600 Net Operating Income Year 2018 Other Expenses 0 Tax Year 2018 Taxes 3298 Tenant Pays ElectricHeat Total Annual Exp 32840 Total Annual Expense Source Actual Total Annual Income 87400 Total Monthly Income 7280 Township Albany Type Multi Family Other Unincorporated YN No Water Expense 0

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Kophamer & Blean Realty.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2019-11-11T23:50:15.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    The Dena Furlow Team - Keller Williams Realty
    608 S. Washington St., Suite 100
    Naperville IL, 60540