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33-Site Manufactured Housing Community
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12244 Highway 55, Annandale, MN 55302

Mixed residential income property with tenant-owned homes, apartments, RV accommodations, and established utility infrastructure.

Property SizeContact for details
Days on Market10

Property Features for 12244 Highway 55

General Information

Standard status Active
Class C
Property subtype Mobile Home Park
Occupancy 90%
Investment Type Stabilized
Net Operating Income $136,096

Additional Details

Utilities to Site Yes

Building Details

Year Built 1960
Units 33
Tenancy Multi
Listing Agency: eXp Commercial
Listed By: Jamari Ridore · License #00000
Source: Crexi
Added: Jul 27 Changed: Aug 4 Last Checked: Aug 5 at 8:24AM

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

Investment Insights

Based on property information with market context.

Annandale Trailer Court is a 33-site manufactured housing community at 12244 Highway 55 in Annandale, Minnesota. Built in 1960, the property includes 24 tenant-owned home lots, four rent-to-own homes, two apartments, two RV sites, one vacant lot with infrastructure, and one vacant park-owned home. The community’s operating infrastructure includes HDPE water lines, well water, septic sewer, and individually sub-metered electric and gas service. Several infrastructure projects have been completed by current ownership.

The property is located approximately one hour northwest of the Minneapolis–Saint Paul MSA. Existing site capacity includes a vacant lot and excess land that may support approximately three additional sites, subject to applicable approvals. The mix of manufactured housing, apartments, RV accommodations, and available spaces provides multiple components within a single residential income property.

Key Highlights

  • 33‑site manufactured housing community built in 1960
  • 24 tenant‑owned home lots, four rent‑to‑own homes, and two apartments
  • Two RV sites, one vacant lot with infrastructure, and one vacant park‑owned home

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Hair Salon Pharmacy Storage Facility Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 55302, MN

7,274
Population
3,667
Households
2
Avg Household Size
44
Median Age
30%
College-Educated
96%
High-School Grad
67.9 sq mi
ZIP Area
107
Density / Sq Mi
$78,194
Median Household Income
$47,945
Median Earnings
$997
Median Rent
$312,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mixed residential income property with tenant-owned homes, apartments, RV accommodations, and established utility infrastructure.
Where is this mobile home & rv park located?
The property is located at 12244 Highway 55 Annandale, MN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 33‑site manufactured housing community built in 1960; 24 tenant‑owned home lots, four rent‑to‑own homes, and two apartments; Two RV sites, one vacant lot with infrastructure, and one vacant park‑owned home
More about this property
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