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7200 Timber Ridge Mobile Home - State Street
Quincy, IL 62305

Timber Ridge Mobile Home Park · Land For Sale · 38.32 AC

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Investment Highlights

Value Add: Seven (7) pads need rehabilitation. Est. $18,480 in additional income.

20 Acres of additional Timber located towards the East.

Executive Summary

Exceptional Investment Opportunity: This prime real estate includes 58 rental pads, presenting a significant value-add potential. Spanning over 18.32 acres, the main property also comes with an additional 20 acres rich in timber. Ideally situated just outside the Quincy, IL city limits, the property benefits from RU1 zoning. Competitively priced at $925,000, the owner is highly motivated and open to negotiations for a prompt sale.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	2	Proposed Use	Manufactured Homes or Mobile Home Park
Property Type	Land	Total Lot Size	38.32 AC

Sale Type	Investment
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Manufactured Homes or Mobile Home Park
Total Lot Size	38.32 AC

2 Lots Available

Lot 1

Price	£724,552	Lot Size	18.32 AC
Price Per AC	£39,550

Price	£724,552
Price Per AC	£39,550
Lot Size	18.32 AC

Se SEC 03 2S8W -EX .68A R/W- 19A N OF BURTON RD PT N 5/8 E 1/2 SE SEC 3

Lot 2

Lot Size	20.00 AC

Lot Size	20.00 AC

SW SEC 02 2S8W W 2/3 N 3/4 NW SW SEC 2

PROPERTY TAXES

Parcel Numbers	Multiple 20-0-0075-000-00 20-0-0134-000-00	Improvements Assessment	£12,266
Land Assessment	£115,686	Total Assessment	£127,952

PROPERTY TAXES

Parcel Numbers

Multiple

20-0-0075-000-00
20-0-0134-000-00

Land Assessment

£115,686

Improvements Assessment

£12,266

Total Assessment

£127,952

zoning

Zoning Code	RU1 (Rural District)
RU1 (Rural District)

Listing ID: 30287762
Date on Market: 05/12/2023
Last Updated:
Address: 7200 Timber Ridge Mobile Home - State Street, Quincy, IL 62305

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