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$549,000
Est. payment /mo
2.41 Acres Lot
UPDATED:
05/29/2024 05:02 AM
Key Details
Property Type Condo, Commercial
Sub Type Apartment,Other
Listing Status Active
Purchase Type For Sale
Subdivision Hubbard & Tyler'S
MLS Listing ID 6498686
Year Built 1900
Annual Tax Amount $2,322
Tax Year 2023
Contingent None
Lot Size 2.410 Acres
Acres 2.41
Lot Dimensions 320 x 342
Property Sub-Type Apartment,Other
Property Description
Mobile Home Park with strong cash flow potential! Current owner has been renovating and improving the business operations.
Mobile Home Park with 1 house and 22 mobile home lots. Property licensed for 28 lots. Sale include 12 manufactured homes used as rental units. 2 additional manufactured homes owned by tenants. Tenants pay electric and heat. Landlord provides water, sewer and garbage. Current annual rents of $94K with $28K in expenses. Gross Rent Potential of $155K. Owner has been reinvesting proceeds into renovations.
Mobile Home Park with 1 house and 22 mobile home lots. Property licensed for 28 lots. Sale include 12 manufactured homes used as rental units. 2 additional manufactured homes owned by tenants. Tenants pay electric and heat. Landlord provides water, sewer and garbage. Current annual rents of $94K with $28K in expenses. Gross Rent Potential of $155K. Owner has been reinvesting proceeds into renovations.
Location
State ND
County Richland
Zoning Business/Commercial
Interior
Heating Other
Inclusions Business Assets, Land
Fireplace No
Exterior
Parking Features Gravel
Utilities Available Electric Separate, Heating Separate
Present Use Residential
Building
Foundation 1
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Other
Schools
School District Wahpeton
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Listed by Brian Tjaden • Trilogy Real Estate