418 11th ST S Active

Wahpeton,ND 58075

$ 549000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo, Commercial

Sub Type Apartment,Other

Listing Status Active

Purchase Type For Sale

Subdivision Hubbard & Tyler'S

MLS Listing ID 6498686

Year Built 1900

Annual Tax Amount $2,322

Tax Year 2023

Lot Size 2.410 Acres

Property Description

Mobile Home Park with strong cash flow potential! Current owner has been renovating and improving the business operations.
Mobile Home Park with 1 house and 22 mobile home lots. Property licensed for 28 lots. Sale include 12 manufactured homes used as rental units. 2 additional manufactured homes owned by tenants. Tenants pay electric and heat. Landlord provides water, sewer and garbage. Current annual rents of $94K with $28K in expenses. Gross Rent Potential of $155K. Owner has been reinvesting proceeds into renovations.

Location

State ND

County Richland

Zoning Business/Commercial

Interior

Heating Other

Inclusions Business Assets,Land

Exterior

Parking Features Gravel

Utilities Available Electric Separate,Heating Separate

Building

Foundation 1

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Other

Schools

School District Wahpeton

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