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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!PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 512 Balsam Avenue
City: Frazee
State: Minnesota
Postal Code: 56544
County: Becker
MLS Number: 6491367
Courtesy of The Real Estate Company of Detroit Lakes
City: Frazee
State: Minnesota
Postal Code: 56544
County: Becker
MLS Number: 6491367
Courtesy of The Real Estate Company of Detroit Lakes
Courtesy of Dane Arthur Real Estate Agency-Park Rapids