$1,650,000

Frazee MN 56544

Seller offering $15,000 credit towards buyer's closing costs. 9% Cap Rate! Albertson Lake MHC is ready for a lucky new owner to take over a great opportunity. This is a rare opportunity to buy an income producing park in the heart of lakes country. Frazee is a small community located just off Hwy 10 between Detroit Lakes and Frazee. You won't find many MHC's maintained and improved like this one. Comprised of 31 lots (room to add) Albertson Lake MHC sits on a nearly 11 acre lot with 580 FF overlooking Albertson Lake. City water, sewer, and asphalt paved road updated in 2022. There is a 30x30 shop with full basement (storm shelter) located at the rear of the property towards the lake. 11 trailers owned by park, the remaining are all lot rents. Inquire today for financial info, and start or improve your investment portfolio!

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Additional Details

Year Built:	1998
Acres:	10.41 Acres
Lot Dimensions:	Irregular
Garage Spaces:	2
School District:	23
County:	Becker
Taxes:	$9,202
Taxes with Assessments:	$9,202
Tax Year:	2023

Additional Features

Fuel: Electric, Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Status

Active - 141 days on market
2024-02-20 21:50:46 Date Listed
2024-07-10 14:36:02 Last Update
2024-07-10 14:34:34 Last Photo Update
33 miles from our office

info@affinityrealestate.com

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Listed By : The Real Estate Company of Detroit Lakes

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