Two Mobile Home Communities
For Sale
Contact for pricing
Pending
1200 Eickhof Blvd, Crookston, MN 56716
Portfolio includes two mobile home communities totaling 155 sites, serviced by public water and sewer.
Property SizeContact for details
Days on Market122
Property Features for 1200 Eickhof Blvd
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Additional Details
Business Included
Yes
Utilities to Site
Yes
Listing Agency:
Other Street Advisors
Listed By:
Enon Winkler · License #FL BK3055134
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 12:35PM
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 Other Street Advisors
Investment Insights
Based on property information with market context.
Crookston Portfolio for sale includes two mobile home communities totaling 155 sites, both serviced by public water and sewer. North Acres has 96 total sites, including 38 occupied tenant-owned homes with average lot rent of approximately $368 per month, 21 RTO homes with average RTO payments of approximately $180 per month, and 8 RV sites that operate June through October on month-to-month agreements with an average RV site rate of $400 per month. The community also includes 9 park-owned homes, with 2 occupied (home rent of approximately $470 per month) and 7 vacant, plus 20 vacant mobile home lots.
Carmen Terrace contains 59 sites, including 30 occupied tenant-owned homes with average lot rent of approximately $366 per month and 20 occupied RTO homes with average RTO payments of approximately $186 per month. The community also has 2 occupied duplex units with an average rent of approximately $789 per month, as well as 7 vacant park-owned homes.
Rents are set to be increased up to $397 per month for tenants currently below that rate as of August 1st, 2023. The offering includes opportunities to raise below-market rents where applicable and to infill vacant lots at North Acres.
Carmen Terrace contains 59 sites, including 30 occupied tenant-owned homes with average lot rent of approximately $366 per month and 20 occupied RTO homes with average RTO payments of approximately $186 per month. The community also has 2 occupied duplex units with an average rent of approximately $789 per month, as well as 7 vacant park-owned homes.
Rents are set to be increased up to $397 per month for tenants currently below that rate as of August 1st, 2023. The offering includes opportunities to raise below-market rents where applicable and to infill vacant lots at North Acres.
Key Highlights
- Crookston, Minnesota mobile home portfolio with two communities totaling 155 sites.
- Both communities are serviced by public water and sewer.
- North Acres has 96 sites, including 38 occupied tenant‑owned homes (avg lot rent ~$368/mo) and 20 vacant MH lots.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 56716, MN
8,965
Population
4,416
Households
2
Avg Household Size
37
Median Age
31%
College-Educated
93%
High-School Grad
325.2 sq mi
ZIP Area
28
Density / Sq Mi
$56,781
Median Household Income
$40,151
Median Earnings
$828
Median Rent
$178,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Portfolio includes two mobile home communities totaling 155 sites, serviced by public water and sewer.
Where is this mobile home & rv park located?
The property is located at 1200 Eickhof Blvd Crookston, MN.
What are key features of this property?
This property features: Crookston, Minnesota mobile home portfolio with two communities totaling 155 sites.; Both communities are serviced by public water and sewer.; North Acres has 96 sites, including 38 occupied tenant‑owned homes (avg lot rent ~$368/mo) and 20 vacant MH lots.
