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Southtown Mobile Home Park
Oak Street @ South Elm Street
JANESVILLE, MINNESOTA
Listing Reduced to $923,037!!!!
JANESVILLE, MINNESOTA
Listing Reduced to $923,037!!!!
LOCATION HIGHLIGHTS
Janesville is a nice small town with a population of about 2,200 on 4-lane Highway 14 about 10 miles east of Mankato (population 65,000). Southtown Mobile Home Park has hard surfaced streets with off street parking for two vehicles per site. The city water and sewer is included in the rent and there is an onsite (part-time) manager within the park. The large lots will accommodate sectional homes as well as 80’+ single sectional homes. The homes are well maintained with good skirting and siding. The park has many trees and is quiet & pleasant. There are 32 pads in the park. INVESTMENT OVERVIEW Southtown is an owner occupied Mobile home Park and the lot rent is $300 per month. Southtown Mobile Home Park is a very safe mobile home park with background checks conducted on all new residences. The park has 32 spaces with 26 filled at present. Southtown Mobile Home Park has historically been very profitable. Included in the price is a storage shed and approximately $128,000 of homes owned by the park and balances due the owner from tenants that are purchasing homes on contract. These values will change as homes are purchased and sold by the owner. Click on the link below for more financial information. Southtown Mobile Home Park Financial Information Complete financial information will be provided to serious buyers. Contact Ken at (701) 795-5062 or (800) 993 4307 or email him at ken@bulielaw.com for more information. |