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Hickory Hills Campground - Albert Lea, MN 15694 717th Ave 1 Unit Mobile Home Park $2,675,000 ($2,675,000/Unit) 7.03% Cap Rate Albert Lea, MN 56007

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INVESTMENT HIGHLIGHTS

  • 88 seasonal sites and 11 short-stay weekend sites.
  • Open May 1 - October 15.
  • New electrical and water lines to 90% of the park (30/50 amp service); 14 sites currently 30 amp only (located in seasonal area).
  • Individually metered electric and sewer with soft water throughout the park.
  • Averaging 75-80% annually.
  • 2 pull-thru sites (27'x120, 50 amp) and 9 back-in sites (54'x60, 30 amp); all feature water, sewer, fire pits, and picnic tables.

EXECUTIVE SUMMARY

We are pleased to present the exclusive offering of Hickory Hills Campground, a 34.88-acre seasonal campground located at 15694 717th Avenue in Albert Lea, Minnesota. This established and well-maintained property features 99 total sites, including 88 seasonal and 11 short-stay weekend sites, attracting a loyal customer base that returns year after year. The park continues to demonstrate strong performance, with 66 sites already prepaid for the 2026 season, underscoring its consistent demand and tenant retention. Currently operated on a seasonal basis, Hickory Hills presents multiple avenues for upside through extending the operating season or introducing additional income streams, such as on-site storage during the off months. Positioned in a scenic, recreation-driven market and supported by dependable recurring income, the asset offers investors a stable, cashflowing opportunity within the growing outdoor hospitality sector.

In Cooperation With ParaSell, Inc. , A Licensed Minnesota Broker - Lic. #40685007 BoR: Scott Reid - Lic. MN #40685007

PROPERTY FACTS

Price $2,675,000
Price Per Unit $2,675,000
Sale Type Investment
Cap Rate 7.03%
No. Units 1
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Lot Size 34.88 AC
No. Stories 1
Year Built 2000

AMENITIES

SITE AMENITIES

  • Clubhouse
  • Playground
  • Pool
  • Security System
  • Basketball Court

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04.002.0091
Land Assessment
$54,200
Improvements Assessment
$0
Total Assessment
$54,200
  • Listing ID: 38429846

  • Date on Market: 11/13/2025

  • Last Updated:

  • Address: 15694 717th Ave, Albert Lea, MN 56007

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