Thief River Falls Investment
For Sale
Contact for pricing
1227 Stephen Street, Thief River Falls, MN 56701
29 manufactured homes on leased land for sale.
Property SizeContact for details
Days on Market660
Property Features for 1227 Stephen Street
General Information
Standard status
Active
Property subtype
Land
Building Details
Year Built
1982
Listing Agency:
Nordin Realty Inc.
(218) 689-2870
Listed By:
Diedre Nordin
Source:
Crexi
Added: Oct 30, 2024
Changed: Aug 14
Last Checked: Aug 20 at 5:22PM
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 Nordin Realty Inc.
Investment Insights
Based on property information with market context.
This sale presents an opportunity to invest in the rental market, featuring 29 manufactured home units situated on leased land within Thief River Falls, Minnesota. The properties, held by the current owners for 10 years, have historically maintained full occupancy. The units consist of both 2 and 3-bedroom homes, with 1 to 2 bathrooms. All units are sold in "as is" condition. Each unit includes outdoor parking space for 2 vehicles. The park is managed by an on-site manager. Potential occupants are required to complete a resident application and undergo background and credit checks.
Key Highlights
- Opportunity to acquire 29 rental units in Thief River Falls.
- Consistent occupancy history over the past 10 years.
- Attractive mix of 2 and 3‑bedroom homes with 1‑2 baths.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 56701, MN
12,798
Population
6,246
Households
2
Avg Household Size
40
Median Age
20%
College-Educated
95%
High-School Grad
383.0 sq mi
ZIP Area
33
Density / Sq Mi
$73,243
Median Household Income
$46,917
Median Earnings
$897
Median Rent
$189,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 29 manufactured homes on leased land for sale.
Where is this mobile home & rv park located?
The property is located at 1227 Stephen Street Thief River Falls, MN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Opportunity to acquire 29 rental units in Thief River Falls.; Consistent occupancy history over the past 10 years.; Attractive mix of 2 and 3‑bedroom homes with 1‑2 baths.
