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3850 River Rd
Grand Rapids, MN 55744
Two Minnesota Mobile Home Parks · Multifamily Property For Sale · 453,460 SF

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Lot Size 10.41 AC
Building Size 453,460 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1900/2017
Parking Ratio 0.05/1,000 SF

AMENITIES

UNIT AMENITIES

  • Storage Space

ABOUT 3850 RIVER RD , GRAND RAPIDS, MN 55744

Grand Rapids Information: Welcome to Green Acres Mobile Home Community. This 12 pad, cash flowing, 100% occupied, park nestled among the tall pines of the north is absentee-run with all homes being tenant-owned. A new septic in 2017 makes this park a turn-key investment opportunity for new investors or a great addition to a portfolio for a seasoned investor. The onsite management is trained to handle park maintenance. Consider this opportunity to own a well-run turn-key park today! 12.35 cap rate. 239,500

  • Listing ID: 15210977

  • Date on Market: 2/18/2019

  • Last Updated:

  • Address: 3850 River Rd, Grand Rapids, MN 55744

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