This Multifamily Property is no longer advertised on LoopNet.com.

818 Edison Dr
Fairmont, MN 56031
Multifamily Property For Sale · 2,500 SF

Investment Highlights

  • Value added listing
  • Fantastic growth opportunity
  • Over a 10% Cap

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low-Rise
Building Class C
Lot Size 2.89 AC
Building Size 2,500 SF
Average Occupancy 70%
No. Stories 1
Year Built 1971
Parking Ratio 10/1,000 SF

Amenities

Unit Amenities

  • Yard

Site Amenities

  • Trash Pickup - Curbside

About 818 EDISON DR , FAIRMONT, MN 56031

West Side Mobile Manor has 19 pads and includes six mobile homes. Three of those are rented and are already cash flowing. There is also one small home included with a separate P.I.D. # That provides the storm shelter. Small simple and easy to manage operation. Five parcels included. The park is one. The road is one. The home is one. There are two small parcels of unimproved land on the east side of the road.

Property Taxes

Property Taxes

Parcel Number
230390540
Land Assessment
$10,100
Improvements Assessment
$34,700
Total Assessment
$44,800
  • Listing ID: 18803750

  • Date on Market: 3/9/2020

  • Last Updated:

  • Address: 818 Edison Dr, Fairmont, MN 56031

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