Listing Courtesy of: Christopher Nord - The Real Estate Company of Detroit Lakes
218-844-8008
$1,650,000
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512 Balsam Avenue Frazee, MN 56544
Other
Residence
Beds
Baths
1,800
Sq. Ft.
10.41
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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!
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MLS#
6491367
Property Type
Other
Year Built
1998
Square Feet
1,800
sq. ft
Lot Size
10.41
Sewer
City Sewer
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