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Listed price in listed location currency (USD).
$1,700,000

000

MLS® 6824520

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $4,334
Days Active 0
Approx. Age 1960
MLS® Number 6824520

Property Address: 12244 State Highway 55 Nw, Annandale, MN, 55302-3459

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained property near Annandale, Minnesota features 29 mobile home pads, a fully rented duplex, and four income-producing storage units, offering a diverse and turnkey investment opportunity just a short drive from the Twin Cities. The property is offered at an 8.96% cap rate, with returns even higher when factoring in the included trailer contracts. The mobile home park is fully occupied, providing steady, reliable income from day one. Of the 29 mobile homes, 27 are individually metered, greatly reducing ownership expenses and simplifying utility management. Located close to Annandale’s amenities and with convenient access to major routes leading to the Twin Cities, this property offers an attractive blend of small-town living and commuter accessibility. With its stable occupancy, multiple income sources, and efficient operations, it represents an exceptional opportunity for investors seeking long-term value and consistent cash flow.
MLS® Number6824520
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Leases

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 5, 2025List Date
$1,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
12244 State Highway 55 Nw, Annandale, MN

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