23924 Minnesota Highway 22, Litchfield Twp, MN 55355

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$695,000

Est. payment - /mo

5 Acres Lot

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6758364

Year Built 2004

Annual Tax Amount $2,568

Tax Year 2025

Contingent None

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 1241x1085x559

Property Sub-Type Other

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

Rooms

Family Room Other

Interior

Heating Forced Air

Inclusions Building, Land, Leases

Fireplace No

Exterior

Parking Features Detached, Gravel

Garage Spaces 2.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Present Use Residential

Building

Lot Description Irregular Lot, Many Trees

Story One

Foundation 1

Sewer Septic System Compliant - Yes

Water Well

Level or Stories One

Structure Type Aluminum Siding

Schools

School District Litchfield

Others

Virtual Tour https://player.vimeo.com/video/1103164134?share=copy#t=0

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Listed by Bryan Vant Hof • RE/MAX Advantage Plus

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