Contract assignment - Smaller Park in Minnesota - 31 pads - an hour from Minneapolis

Smaller mobile home park perfect for the handyman or contractor. Park conveys with 7 POH. Looking for an all cash sale and a closing in January. Prefer a local buyer or someone who has parks already.

31 lots

16 occupied with homes.
9 TOH tenants -all tenant owned homes
7 POH - All vacant and require rehab.
Grossing approx. $2,835

Its not a cash cow yet but it will be as soon as the homes are rehabbed and rented.
Private Utilities- 1 septic for the whole park and 1 well for the whole park; Owner pays

Asking Price: $300K ( includes the assignment fee).
No banks and lengthy approval processes.

Must be a cash buyer or a 1031 exchange.

NOT in flood plain. An hour southwest of Minneapolis in New Ulm, MN.
Please call me any time with further questions.


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