418 11th ST S Active

Wahpeton,ND 58075

$ 549000

- Bed

- Bath

- SqFt


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

Parking Type Gravel

Building

Foundation 1

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Other

Schools

School District Wahpeton

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