418 11th Street S, Wahpeton
$649,000
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.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Russo Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Russo Realty is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Russo Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Information deemed reliable but not guaranteed.
Copyright 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
Listing information last updated on May 6th, 2024 at 6:21pm CDT.
