Lumber Plus
518 5th Ave, Cando, ND
Asking price $250,000 (includes real estate, equipment & inventory)
Financials available upon request
Contact Ken at 701-795-5062 for more information

LOCATION HIGHLIGHTS                                               
Lake Crystal is a nice small town with a population of about 2,200 on 4-lane Highway 60 about 6 miles south-west of Mankato (population 65,000). The park is located at the intersection of State Hi-way 60 and County Road 20 in the city limits of Lake Crystal and within walking distance to the new High School (2007) and Recreational Center.

There are three entrances into the park and there is a Laundromat within the storm shelter. The park has hard surfaced streets with off street parking for two vehicles per site. The water is provided by the City of Lake Crystal.

There are 150 lots in Rambush Estates with the park licensed for 131 units at present. The park is also licensed for up to 18 seasonal  recreational vehicles. The park is approximately 29 acres.

The large lots will accommodate sectional homes as well as 80’+ single sectional homes. The homes and park are well maintained, quiet, and  pleasant.
                                               
INVESTMENT OVERVIEW
Rambush Estates is an owner occupied Mobile Home Park and the lot rent is $240 per month. Rambush Estates is a very safe mobile home park with background checks conducted on all new residence. When lots are available the owner will purchase mobile homes and sell them on a contract for title. The successful buyer will also receive any homes that are owned by the park and the balance due to the owner from any homes that are being sold on contract. These amounts will vary as the owner is continually adding and selling homes. Complete financial information and status of any homes in owner’s inventory and contract balances will be provided to serious buyers.

The park has a history of being very profitable despite having several vacant lots. The park has an enormous potential for growth being close to Mankato.

Contact Ken at (701) 795-5062 for more information.

LOCATION HIGHLIGHTS
Hector is a nice small town with a population of about 1,200 on U.S. Highway 212 about 55 miles west of Minneapolis. The city has a local library and swimming pool. Sunset Mobile Home Park is located at the junction of U.S Highway 212 and County Road 4. In 2005 the streets and parking pads were completely removed and replaced. There are 28 pads in the park. There is off street parking for two vehicles per site. City water and sewer is provided and there are two (part-time) managers.

INVESTMENT OVERVIEW
Sunset Mobile Home Park is an owner occupied mobile home park and the lot rent is $240 per month. Sunset Mobile Home Park is a very safe park and background checks are conducted on all new residences. When lots are available the owner will purchase mobile homes and sell them on a contract for title.                                   

Sunset Mobile Home Park has historically operated at a significant net profit. The future outlook is very favorable as there is an employer opening a plant in town that will possibly employ several hundred new workers. New asphalt was installed on the streets in 2005 at a cost of $64,854, which will last for 25 to 30 more years with proper maintenance.

Included is a storage shed, IHC tractor with loader, riding lawn mower, and miscellaneous equipment. Also included is a 14x70 mobile home that is for sale and a contract receivable on a 14x70 mobile home being financed by the owner to a tenant with a remaining contract balance of approximately $11,000 (this amount will vary as payments are made by the tenant)

Complete financial information will be provided to serious buyers.

Contact Ken at (701) 795-5062 for more information.

LOCATION HIGHLIGHTS                                                     
Janesville is a nice small town with a population of about 2,200 on 4-lane Highway 14 about 10 miles east of Mankato (population 65,000).

Southtown Mobile Home Park has hard surfaced streets with off street parking for two vehicles per site. The city water and sewer is included in the rent and there is an onsite (part-time) manager within the park.

The large lots will accommodate sectional homes as well as 80’+ single sectional homes. The homes are well maintained with good skirting and siding. The park has many trees and is quiet & pleasant. There are 32 pads in the park.

INVESTMENT OVERVIEW
Southtown is an owner occupied Mobile home Park and the lot rent is $280 per month. Southtown Mobile Home Park is a very safe mobile home park with background checks conducted on all new residences. The park has 32 spaces with 26 filled at present.

Southtown Mobile Home Park has historically been very profitable. Included in the price is a storage shed and  approximately $128,000 of homes owned by the park and balances due the owner from tenants that are purchasing homes on contract. These values will change as homes are purchased and sold by the owner.

Complete financial information will be provided to serious buyers.

Contact Ken at (701) 795-5062 for more information.