120 Washburn Ave, Belgrade, MN 56312

Great Investment Opportunity with 11% Cap Rate & Seller Financing Options Available. 14 Unit mobile home park in great condition with many recent updates including new storm shelters, water meters, electrical pedestals, storage sheds, parking pads, and 4 newer trailers. $5,000+ in monthly rental income with 3 vacant pads to fill for additional cash flow plus one vacant trailer. Six trailers are tenant owned with each paying $250 in rent plus water/sewer. Five trailers are owned by seller producing $850-$1000 in monthly rent. Storage shed on site for owners’ personal property and plenty of off street parking for guests. No vacancies in this growing area with many successful businesses needing employees and housing.