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23924 Minnesota Highway 22, Litchfield Twp, MN 55355
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$695,000
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Home Details for 23924 Minnesota Highway 22
Price
$695,000
Type
Commercial/Industrial
Year Build
2004
Lot Size
5
County
Meeker
Garage
2
Tax
$2,568
MLS®️ Listing#
6758364
On exitrealty.com
151 days
Property Description
Located just south of Litchfield near the airport, this well maintained mobile home park offers great space. Sitting on 5 acres, it has 12 designated lots. The park owns 6 of the mobile units on site for additional rental income while the other 6 lots are leased to other mobile owners. The park owned units include three 2-bed 1-bath units, one 3-bed 1-bath unit, and one 4-bed 2-bath unit. Property is served by two septic systems that each can support up to 8 homesites. Currently, the north system is serving 8 homes and the south system is serving 4 so expansion is possible for the south system. Monthly gross cashflow potential without changing existing rental terms is over $7,500/month. Property also includes a large 3 car garage for onsite storage or convert to additional rental income. This is a great opportunity for a nicely upkept rural residential setting.
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Private
- Well
- Parking
- Detached
- Gravel
Listing Courtesy: RE/MAX Advantage Plus - 952-470-7600
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$695,000
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EXIT REALTY NEXUS
2143 Northdale Blvd., Coon Rapids, MN 55433
Licensed in the state of Minnesota