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3-Park Mobile Home Portfolio

1017 DIVISION ST, Deer River, MN 56636

For Sale
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Three Minnesota communities combine tenant-owned homes, vacant lots, RV spaces and a duplex.

Property SizeContact for details
Days on Market27

Property Features for 1017 DIVISION ST

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 55%

Units

Multifamily Units 57
RV Sites 3
Park-Owned Homes 6

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Listing Agency: eXp Commercial
Listed By: Jamari Ridore
Source: Crexi
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 12 at 6:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial

Rey
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Investment Insights

Based on property information with market context.

This three-community mobile home park portfolio includes 90 sites across Salol and Deer River, Minnesota. The property mix comprises 49 occupied tenant-owned homes, 6 vacant park-owned homes, 30 vacant lots with infrastructure in place, and 3 transient RV sites. A duplex is also included, with one occupied unit and one vacant unit requiring renovation.

Economic occupancy is approximately 55%. Improvements made by current ownership include tree removal, demolition of 10 distressed homes, road work, and repairs to the water and septic systems. The portfolio spans Enstrom Mobile Home Park, Evergreen Mobile Home Park and Timberline Trailer Court.

Key Highlights

  • 90 sites across three mobile home parks in Salol and Deer River, Minnesota
  • 49 occupied tenant‑owned homes
  • 30 vacant lots with infrastructure in place

Property Analytics

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Lease Details

57
Residential units
55%
Occupancy

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 56636, MN

5,055
Population
2,937
Households
1.7
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
436.9 sq mi
ZIP Area
12
Density / Sq Mi
$59,858
Median Household Income
$32,128
Median Earnings
$690
Median Rent
$195,200
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Three Minnesota communities combine tenant-owned homes, vacant lots, RV spaces and a duplex.
Where is this mobile home & rv park located?
The property is located at 1017 DIVISION ST Deer River, MN.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 90 sites across three mobile home parks in Salol and Deer River, Minnesota; 49 occupied tenant‑owned homes; 30 vacant lots with infrastructure in place
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