Lake Lillian MHP
 
231 Oakdale Ave Lake Lillian MN 56253
$175,000
List Price
1.88 %
Cap Rate
29.17
GRM
15
Number of Units
In-Fill Project
  • This 15 lot mobile home park has two tenants and 5 vacant mobile homes. The homes are included in the sale and need minor repairs prior to being move-in ready. The other 9 lots have utilities hook-ups ran to them, so homes could be moved in right away.
Utilities
  • The responsibility of utilities are as follows: - Electricity: Paid by Tenant - Gas: Paid by Tenant - Garbage: Paid by Tenant - Water/Sewer: Billed back to Tenant
Infrastructure
  • The first 2/3 of the park is on a city maintained, paved road. The remaining 1/3 is a privately owned gravel road that is maintained by the owner of the park.
Lake Lillian, MN
  • Lake Lillian is located in Western Minnesota right off of Highway 7. The median income is about $55,000 for each household and roughly $30,000 per individual. The town has a population 244 people, but it is located within 25 miles of both Willmar and Hutchinson, MN. Many people that live in Lake Lillian commute to either Willmar or Hutchinson for work.
Willmar, MN
  • Willmar has a population of 21,000. Willmar's primary industries are Office Admin and Support, Sales, Management Operations.
Hutchinson, MN
  • Hutchinson has a population of 15,000. Its primary industries are Production Operations, Office Admin and Support, and Sales.
FOR MORE DETAILS CONTACT
Jason Bergan
Broker
(563) 880-9679
jbergan@c21sre.com
Noah Casterton
Broker
(715) 557-0651
noah@c21sre.com
Lic: S70126000