12244 State Highway 55 NW

Highlights:

• Lot Size Dimensions: IRR

Description:

This well-maintained property near Annandale, Minnesota features 29 mobile home pads, a fully rented duplex, and four income-producing storage units, offering a diverse and turnkey investment opportunity just a short drive from the Twin Cities. The property is offered at an 8.96% cap rate, with returns even higher when factoring in the included trailer contracts. The mobile home park is fully occupied, providing steady, reliable income from day one. Of the 29 mobile homes, 27 are individually metered, greatly reducing ownership expenses and simplifying utility management.

Located close to Annandale’s amenities and with convenient access to major routes leading to the Twin Cities, this property offers an attractive blend of small-town living and commuter accessibility. With its stable occupancy, multiple income sources, and efficient operations, it represents an exceptional opportunity for investors seeking long-term value and consistent cash flow.

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Listing ID: 7833248