Pending
23 more
Presented By: The Real Estate Company of Detroit Lakes
Seller offering $20,000 credit towards buyer's closing costs. 9.6 Cap Rate! Welcome to Pine Cone Park in Perham, MN - A 56 lot Mobile Home Community with room to expand on available adjacent lot. 12 Trailers owned by seller. Seller has installed a new cluster of mailboxes for each lot address. Each trailer is hooked up to city sewer and water. There is a lift station for the sewer. The city of Perham has an abundance of manufacturing jobs. The city is growing at a rate of 2.19% annually and its population has increased by 6.75% since the most recent census, which recorded a population of 3,495 in 2020. A new high school was built in 2019 with a state of the art wellness center. Call today for more information on this great investment opportunity!
Presented By: The Real Estate Company of Detroit Lakes
Basement (Y/N)No
FuelElectric
AccessibilityNone
Additional Parcels Y/NNo
CityPerham
Construction MaterialsOther
ContingencyNone
CountyOtter Tail
Current UseCommercial, Other, Residential
DirectionsHighway 10 to CR-34 to Mobile Home park
Electric Expense
Fuel Expense
Garage Spaces
Gross Income322800
HeatingNone
High School DistrictPerham-Dent
Insurance Expense1891
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
MaintenanceExpense500
Net Operating Income263669
NumberOfUnitsTotal56
PostalCityPerham
Property SubtypeBusiness, Other
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusPending
Tax Annual Amount4186
Tax Year2023
Tenant PaysElectricity, Trash Collection
TopographyLevel
Trash Expense0
UtilitiesElectric Separate
Virtual TourClick here
Water Sewer Expense34742
Year Built1975
Zoning DescriptionBusiness/Commercial
Building Area Total1
Foundation Area1
InclusionsLand, Other
Lot DimensionsIrregular
Lot Size Area10.97
Parking FeaturesAsphalt
Water SourceCity Water/Connected