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Southtown Mobile Home Park

Oak Street @ South Elm Street

JANESVILLE, MINNESOTA

Listing Price $1,222,000
(buyer premium applies)
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.

    Questions? Send a message to Ken

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CAN-DO Auction & Real Estate 877-812-4305