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Browse More Listings in Multifamily For Sale, Verndale, MN or Minnesota

Multifamily Property For Sale

102 NE Clark Drive

102 NE Clark Drive, Verndale, MN 56481

Price:
$195,000
No. Spaces:
18
Price/Space:
$10,833.33
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
11.04%
Lot Size:
8.85 AC
Find Out More...

Last Verified 10/22/2009 Listing ID 16134742

Description

There are individual water meters. The city plows the streets. There is city sewer and water services to this property. The property taxes in the analysis is an estimate from the county for 2009 payable taxes. There is one park owned home.

Verndale, Minnesota, in Wadena County, is 71 miles NW of St. Cloud and 129 miles NW of Minneapolis. The city is home to some 575 residents.

Financial Summary

Actual
Scheduled Gross Income
$34,560
Effective Gross Income
$31,104
Operating Expenses
$9,583
Net Operating Income
$21,521
Pre-Tax Cash Flow
$7,383

Map of 102 NE Clark Drive, Verndale, MN 56481 (Wadena County)

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Erik Sorenson (763) 477-3300 Ext: 1

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Created 3/6/2009

Additional Information for 102 Ne Clark Drive, Verndale, MN 56481

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

102 NE Clark Drive, Verndale, MN, 56481