12244 State Highway 55 Nw, Annandale, MN 55302

Property Description

Offered for sale is a well-maintained, turnkey mobile home park investment near Annandale, Minnesota, featuring 29 mobile home pads and a duplex, complemented by four on-site storage units. The property delivers immediate and reliable cash flow with stable occupancy and efficient operations, making it an attractive opportunity for investors seeking durable income in a high-demand housing segment. Of the 29 mobile home pads, 27 are individually metered, allowing ownership to minimize utility expenses and streamline management. The park has been consistently maintained and benefits from strong tenant demand driven by the area's limited affordable housing supply. Ideally located near Annandale's local amenities and with convenient access to major routes connecting to the Twin Cities, the property combines small-town appeal with commuter accessibility?supporting long-term occupancy and rental growth. As part of the offering, the sale also includes four on-site storage units and an additional 24-unit mini-storage facility located in St. Stephen, Minnesota, providing potential supplemental income and diversification without detracting from the park's core investment thesis. With efficient infrastructure, dependable cash flow, and a strong Central Minnesota location, this mobile home park presents an exceptional opportunity for investors focused on long-term stability and value appreciation. Priced at about 9% cap rate based on 2025 numbers.