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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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23924 Minnesota Highway 22, Litchfield, MN 55355
STATUS: Active
PROPERTY TYPE: Commercial - Business
SCHOOL: Litchfield
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.
Property Features
Property Type: Commercial - Business Fuel Type: Natural Gas Garage: 2 Heating: Forced Air Lot Size: 5.00 Acres Stories: 1.0 Taxes: $2,568 Year Built: 2004
Feature Descriptions
Current Use: Residential
Days on Site: 271
Foundation Size: 1
Lot: Irregular Lot, Tree Coverage - Medium
Lot Dimensions: 1241x1085x559
Owners Expense: Common Area Maintenance, Grounds Care, Insurance, Repairs, Management, Sewer, Snow Removal, Trash Collection, Water
Parcel#: 140308000
Parking: Detached Garage, Gravel
Road Frontage: County Road, Paved Streets
Sale Includes: Building, Land, Leases
Sewer: Septic System Compliant - Yes
Shared Rooms: Other
Tenant Expenses: Cable TV, Electricity, Gas, Heat, Hot Water, Telephone
Units: 12
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: Well
Local Schools
School District: Litchfield
Listed By / Shown By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-470-7600
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23924 Minnesota Highway 22 | MLS# 6758364
This commercial property located at 23924 Minnesota Highway 22, Litchfield, MN 55355 is currently listed for sale with an asking price of $649,900. Minnesota Highway 22 is located within the Litchfield school district. Search Litchfield real estate on nanderson.counselorrealty.com today.