418 11th ST S, Wahpeton, ND 58075 - MLS#6498686 - Neal Lawson

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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 549,000

Est. payment -/mo

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418 11th ST S Wahpeton, ND 58075

2.41 Acres Lot

UPDATED:

05/29/2024 05:02 AM

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

Contingent None

Lot Size 2.410 Acres

Acres 2.41

Lot Dimensions 320 x 342

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

Fireplace No

Exterior

Garage Gravel

Utilities Available Electric Separate, Heating Separate

Present Use Residential

Building

Foundation 1

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Other

Schools

School District Wahpeton

Listed by Brian Tjaden • Trilogy Real Estate

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

418 11th ST S Wahpeton, ND 58075

Key Details

Location

Interior

Exterior

Building

Schools

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