23924 Minnesota Highway 22 Active Save Request In-Person Tour Request Virtual Tour
Litchfield,MN 55355
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 217,800 sqft
Price per Sqft $3
MLS Listing ID 6758364
Year Built 2004
Annual Tax Amount $2,568
Lot Size 1 Sqft
Property Description
Located just south of Litchfield near the airport, this well maintained mobile home park offers great space. Sitting on 5 acres, it has 12 designated lots. The park owns 6 of the mobile units on site for additional rental income while the other 6 lots are leased to other mobile owners. The park owned units include three 2-bed 1-bath units, one 3-bed 1-bath unit, and one 4-bed 2-bath unit. Property is served by two septic systems that each can support up to 8 homesites. Currently, the north system is serving 8 homes and the south system is serving 4 so expansion is possible for the south system. Monthly gross cashflow potential without changing existing rental terms is over $7,500/month. Property also includes a large 3 car garage for onsite storage or convert to additional rental income. This is a great opportunity for a nicely upkept rural residential setting.
Location
State MN
County Meeker
Zoning Residential-Multi-Family
Interior
Heating Forced Air
Flooring 217800.0
Exterior
Parking Features Gravel Lot
Garage Spaces 2.0
Utilities Available Electric Separate,Heating Separate,Hot Water Separate
Building
Lot Description Irregular Lot,Tree Coverage - Medium
Foundation None
Water Well
Others
Virtual Tour https://player.vimeo.com/video/1103164134?share=copy#t=0