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103-Site Mobile Home Park Portfolio

708 Eastgate Drive Southeast, Rugby, ND 58368

For Sale
Contact for pricing

Municipal water and sewer serve all three communities, with utility charges billed directly to residents.

Property SizeContact for details
Days on Market23

Property Features for 708 Eastgate Drive Southeast

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 45%

Units

Multifamily Units 49
Mobile Home Lots 103
Park-Owned Homes 11

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Utilities to Site Yes
Listing Agency: eXp Commercial
Listed By: Jamari Ridore
Source: Crexi
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 8 at 5:52PM

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 contains 103 sites in Rugby, North Dakota. The current mix includes 38 occupied tenant-owned homes, 8 occupied park-owned homes, three vacant park-owned homes, and 54 vacant lots with infrastructure in place. Economic occupancy is approximately 45%. Recent work across the properties includes removal of nine distressed homes, tree clearing, new fencing, and road upgrades.

Residents receive city water and sewer service and are billed directly for those utilities. The roads are maintained by the city. The portfolio comprises Eastgate Estates, Parkland Courts North, and Parkland Courts South.

Key Highlights

  • 103 sites across three mobile home parks in Rugby, North Dakota
  • 38 occupied tenant‑owned homes and 8 occupied park‑owned homes
  • 54 vacant lots with infrastructure in place

Property Analytics

Lease Details

49
Residential units
45%
Occupancy
Yes
Utilities to site

Location Intelligence

Demographics for 58368, ND

3,418
Population
1,668
Households
2
Avg Household Size
46
Median Age
33%
College-Educated
94%
High-School Grad
636.6 sq mi
ZIP Area
5
Density / Sq Mi
$56,209
Median Household Income
$42,625
Median Earnings
$815
Median Rent
$151,200
Median Home Value

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 - Municipal water and sewer serve all three communities, with utility charges billed directly to residents.
Where is this mobile home & rv park located?
The property is located at 708 Eastgate Drive Southeast Rugby, ND.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 103 sites across three mobile home parks in Rugby, North Dakota; 38 occupied tenant‑owned homes and 8 occupied park‑owned homes; 54 vacant lots with infrastructure in place
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