Annandale, MN 55302,12244 State Highway 55 NW
Annandale, MN 55302,12244 State Highway 55 NW
Annandale, MN 55302,12244 State Highway 55 NW
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$1,700,000
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7.68 Acres Lot
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12244 State Highway 55 NW Annandale, MN 55302

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6824520

Year Built 1960

Annual Tax Amount $5,402

Tax Year 2025

Contingent None

Lot Size 7.680 Acres

Acres 7.68

Lot Dimensions IRR

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.

Location

State MN

County Wright

Zoning Residential-Multi-Family

Interior

Heating Forced Air

Inclusions Building, Land, Leases

Fireplace No

Exterior

Parking Features Open

Utilities Available Electric Separate

Present Use Residential

Building

Foundation 720

Sewer Mound Septic

Water Well

New Construction false

Schools

School District Annandale


Listed by Shawn Murphy • Ferndale Realty

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12244 State Highway 55 NW