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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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12244 State Highway 55 Nw, Annandale, MN 55302
STATUS: Active
PROPERTY TYPE: Commercial - Business
SCHOOL: Annandale
Property Description
Offered for sale is a well-maintained, turnkey mobile home park investment near Annandale, Minnesota, featuring 29 mobile home pads and a duplex, complemented by four on-site storage units. The property delivers immediate and reliable cash flow with stable occupancy and efficient operations, making it an attractive opportunity for investors seeking durable income in a high-demand housing segment. Of the 29 mobile home pads, 27 are individually metered, allowing ownership to minimize utility expenses and streamline management. The park has been consistently maintained and benefits from strong tenant demand driven by the area's limited affordable housing supply. Ideally located near Annandale's local amenities and with convenient access to major routes connecting to the Twin Cities, the property combines small-town appeal with commuter accessibility?supporting long-term occupancy and rental growth. As part of the offering, the sale also includes four on-site storage units and an additional 24-unit mini-storage facility located in St. Stephen, Minnesota, providing potential supplemental income and diversification without detracting from the park's core investment thesis. With efficient infrastructure, dependable cash flow, and a strong Central Minnesota location, this mobile home park presents an exceptional opportunity for investors focused on long-term stability and value appreciation. Priced at about 9% cap rate based on 2025 numbers.
Property Features
Property Type: Commercial - Business Fuel Type: Natural Gas Heating: Forced Air Lot Size: 7.68 Acres Taxes: $5,402 Year Built: 1960
Feature Descriptions
Current Use: Residential
Days on Site: 134
Foundation Size: 720
Lot Dimensions: IRR
Parcel#: 217000251101
Parking: Open
Sale Includes: Building, Land, Leases
Sewer: Mound Septic
Units: 59
Utilities: Electric Separate
Water: Well
Local Schools
School District: Annandale
Listed By / Shown By
Agency Name: Ferndale Realty
Agency Phone: 888-983-2544
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12244 State Highway 55 Nw | MLS# 6824520
This commercial property located at 12244 State Highway 55 Nw, Annandale, MN 55302 is currently listed for sale with an asking price of $1,600,000. State Highway 55 Nw is located within the Annandale school district. Search Annandale real estate on nanderson.counselorrealty.com today.