Rancho Estates

$2.1M

Rantoul, Champaign County, Illinois

Here are ten of the largest employers in Champaign County, IL, with employee counts (approximate):•University of Illinois at Urbana-Champaign — 26,884 •The Carle Foundation — 7,346 •Champaign Unit #4 School District — 1,670 •Kraft Heinz Company — 1,300 •OSF HealthCare — 1,150 •Urbana School District #116 — 950 •Christie Clinic — 915 •FedEx Ground — 887 •Parkland College — 883 •City of Champaign — 636

Asking Price

$2.1M

Lots

Acreage

4.28 acres

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Frequently Asked Questions

How much does Rancho Estates cost?▾

Rancho Estates is listed at $2.1M. Request full financials through Parkvestor for a direct introduction to the listing broker.

How many sites does Rancho Estates have?▾

Rancho Estates has approximately 52 sites across 4.28 acres in Rantoul, Illinois.

What type of property is Rancho Estates?▾

Rancho Estates is a mobile home park located in Rantoul, Illinois, currently listed for sale.

Where is Rancho Estates located?▾

Rancho Estates is located in Rantoul, Illinois. Browse more RV parks for sale in Illinois on Parkvestor.

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TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT LOGAN WHITE WITH ANY QUESTIONS LOGAN@MHPVALUE.COMThe MHP Value Team is pleased to present Autumn Ridge Estates & Storage, adiversified manufactured housing and storage community located just outside Henry,Illinois within the Peoria Metropolitan Statistical Area. The property offers a healthymix of manufactured housing, apartments, and self-storage income streams within astabilized community that provides both immediate cash flow and clear long-termupside.The property consists of 16 tenant-owned home sites, 16 park-owned homes, 2 rent-to-own homes, 2 apartment units, and 28 newly constructed self-storage units, alongwith 22 vacant manufactured housing pads that are already serviced with utilities andready for infill. Currently generating approximately $316,361 in annual top-lineincome, the community benefits from diversified revenue streams and consistentdemand for affordable housing in the surrounding market.Recent improvements include the installation of new park-owned homes and thedevelopment of 28 brand-new storage units, creating a stabilized operating basewhile preserving significant value-add potential. A clear investment strategy existsthrough the gradual infill of the remaining vacant manufactured housing pads, whichalready have utilities in place. Under conservative underwriting assumptions of fivehome infills per year coupled with gradual rent increases of approximately 5%annually, projections indicate the potential to achieve average IRRs reaching 24-26%during years 4–6 of the investment period, driven primarily by organic occupancygrowth and steady rent appreciation.Autumn Ridge Estates & Storage offers stabilized income supported by a healthy unitmix, with a clear path to above-average returns through the infill of vacant sites andgradual rent increases.Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.

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49 Pads, 2 parks in Murphysboro, IL

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