Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.
Patch Place Manufactured Home Community, located in Springfield, Illinois, offers residents a comfortable and affordable living environment. The community features well-maintained manufactured homes and spacious lots, catering to a variety of housing needs. Amenities include on-site management and pet-friendly policies, fostering a welcoming atmosphere for all residents. Its convenient location provides easy access to local attractions, shopping centers, and dining options, enhancing the overall living experience.
Site Count: 47
Community Owned Homes Count: 47
Bankruptcy Sale – Mobile Home Community Located in Springfield, IL
Part of Portfolio of Eight (8) Available Communities in and around Springfield, IL
Buyers for Individual Communities and Portfolio Buyers Welcome
The property was redeveloped in 2020 with new infrastructure including water and drainage systems, electrical systems, roads and pad sites.
Located within close proximity to major commercial and medical services as well as employment opportunities.
Tenants are responsible for all utility cost through direct billing.
Currently no rent control policies impacting the subject property.
NDA for financials and additional due diligence data available upon request
All transactions are subject to approval of the U.S. Bankruptcy Court for the Eastern District of North Carolina, lead case no. 24-3435-5-PMW