Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
23924 Minnesota Highway 22
Litchfield, MN 55355-4005
Asking Price
$595K
Cap Rate
10.08%
Asset Type
Mobile-home-park
Class
Class B
What's Special
Mobile Home Park | 12 Pads | $49,583/pad <ul><li>Lot rents are currently $400/month for the six non-park owned mobile homes</li><li>The park owned units include two double-wides and 4 single-wides</li><li>There are two single-wides the current owner brought onsite to fix up and rent out so there is some set up needed to make them rentable or the new owner could sell them</li><li>The two bedroom currently rented is at $700/month, a three bedroom is at $1,200/month, another 3 bedroom is at $1,000/month, and the four bedroom is also a
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176