King City Mobile Home Park in St. Leroy, Illinois King City Mobile Home Park is a strong, cash-flowing mobile home community located in the quiet and stable town of St. Leroy, Illinois. This 22-space park offers immediate income and a simple, straightforward investment profile. The community includes 22 total spaces, with 20 pads currently occupied. The park features 4 park-owned homes, 14 tenant-owned homes, and 2 rent-to-own homes, all generating consistent monthly income. In addition, there are 2 vacant lots that a buyer could infill with new homes, providing a clear opportunity for future growth. The property is performing at an attractive 11.8% cap rate as it stands today, offering strong returns as it stands. King City Mobile Home Park is a great fit for new and seasoned investors alike seeking stable cash flow in a well-established rural market.