Desirable 55+ Mobile Home Park in Duluth, MN

Asking Price$1,200,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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Desirable 55+ Mobile Home Park in Duluth, MN


Asking Price$1,200,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
This 55+ mobile home park spans 7.5 acres and has 20 lots, with some currently being used as double lots. The property features a common area with parking, the current owner’s home (being leased out as of Oct 2024) and garage/shop with an apartment above, as well as a lot used as a garden.

Most residents at this park own their mobile home and lease a lot from the owner, although a few lots and the mobile homes on them are owned by the park owner. Since most residents own their own mobile homes and are responsible for the upkeep of their individual lots, this park is relatively easy to maintain!
Situated on a quiet street, this mobile home park offers city utilities and is located on the edge of Duluth, MN. Duluth is a popular tourist attraction, celebrated for its stunning natural beauty along the shores of Lake Superior. The city offers a wealth of outdoor activities like hiking, biking, and kayaking, alongside vibrant attractions such as Canal Park, the scenic Lakewalk, and the historic Aerial Lift Bridge.

This park stands out with its on-site management and maintenance, ensuring a seamless living experience for residents. Its strategic location provides a competitive advantage, consistently attracting individuals who want to be close to Duluth’s many attractions. The park’s appeal is evident in its long-term residents, who value the perfect blend of convenience, amenities, and vibrant surroundings.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Situated on a quiet street, this mobile home park offers city utilities and is located on the edge of Duluth, MN. Duluth is a popular tourist attraction, celebrated for its stunning natural beauty along the shores of Lake Superior. The city offers a wealth of outdoor activities like hiking, biking, and kayaking, alongside vibrant attractions such as Canal Park, the scenic Lakewalk, and the historic Aerial Lift Bridge.
Location Description
This park stands out with its on-site management and maintenance, ensuring a seamless living experience for residents. Its strategic location provides a competitive advantage, consistently attracting individuals who want to be close to Duluth’s many attractions. The park’s appeal is evident in its long-term residents, who value the perfect blend of convenience
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
600000.00
Listing Info
ID:
2279815
Listing Views:
2200

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Property Listed by: Scott Hislop Transworld Business Advisors NorthStar

Listing ID: 2279815 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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