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Mobile Home Park with 12 Lots
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23924 Minnesota Highway 22, Litchfield, MN 55355

Twelve designated lots with eight park-owned units and onsite three-car garage for storage or potential conversion.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market60

Property Features for 23924 Minnesota Highway 22

General Information

Standard status Active
Lot size 5.00 Acres
Property subtype Mobile Home Park
Zoning Residential-Multi-Family
Net Operating Income $60,000

Additional Details

Business Included Yes

Building Details

Year Built 2004
Stories 1
Units 12
Tenancy Multi
Listing Agency: RE/MAX Advantage Plus - Minnetonka
Listed By: Bryan Vant Hof · License #40269798
Source: Crexi
Added: Jun 13 Changed: Aug 8 Last Checked: Aug 10 at 4:02AM

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 RE/MAX Advantage Plus - Minnetonka

Investment Insights

Based on property information with market context.

This well maintained mobile home park sits on 5 acres and provides 12 designated lots for mobile home occupancy. The park owns 8 of the mobile units on site, with the remaining 6 lots leased to other mobile owners. The park-owned units include three 2-bedroom, 1-bath homes, one 3-bedroom, 1-bath home, and one 4-bedroom, 2-bath home.

Located just south of Litchfield near the airport, the property offers a rural residential setting with room to operate. In addition to the mobile home lots and owned units, the park includes a large 3-car garage that can support onsite storage or be converted to additional rental income, depending on how the property is managed.

For buyers and operators, the combination of designated lots and existing park-owned units provides a manageable setup for maintaining and renting mobile home spaces. The onsite garage adds flexibility for day-to-day operations, whether used primarily for storage or repurposed to create another revenue-producing component. This is an established, organized park configuration with a clear mix of unit sizes.

Key Highlights

  • Mobile home park on 5 acres with 12 designated lots
  • Park owns 8 mobile units for additional rental income
  • Unit mix includes three 2BD/1BA units, one 3BD/1BA unit, and one 4BD/2BA unit

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Big Box & Wholesale Store Travel Agency Electronics & Wireless Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 55355, MN

9,592
Population
4,560
Households
2.1
Avg Household Size
43
Median Age
22%
College-Educated
95%
High-School Grad
171.7 sq mi
ZIP Area
56
Density / Sq Mi
$70,878
Median Household Income
$44,577
Median Earnings
$929
Median Rent
$210,200
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 - Twelve designated lots with eight park-owned units and onsite three-car garage for storage or potential conversion.
Where is this mobile home & rv park located?
The property is located at 23924 Minnesota Highway 22 Litchfield, MN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Mobile home park on 5 acres with 12 designated lots; Park owns 8 mobile units for additional rental income; Unit mix includes three 2BD/1BA units, one 3BD/1BA unit, and one 4BD/2BA unit
(612) 865-3158 Call to check price and availability
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