12995 21Th St Arnegard, ND 58835
- Mobile home & RV parks
- 4,480 SF
- 3.25 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 12995 21Th St
- Lot size
- 3.25 lot acres
- Property size
- 4,480 SF
- Property type
- Mobile home & RV parks
Description
This exceptional investment opportunity presents an eight-unit mobile home park situated on a spacious 3.25-acre lot in Arnegard, North Dakota. The property boasts a total of 4,480 square feet of living space, distributed across two substantial mobile homes. Each mobile home offers eight bedrooms, a full kitchen, and a living room, providing ample space and privacy for sixteen residents. The well-maintained mobile homes feature a functional layout designed to maximize individual privacy. The property is conveniently located on County Road #30, southwest of Watford City, offering easy access to town amenities. This property is ideal for investors seeking workforce housing solutions, with each unit priced at $27,500. The asking price for the entire park is $220,000, representing a price per square foot of $49.11. The property's location and size make it a compelling investment in a growing area. The quality construction and thoughtful layout contribute to its strong potential for rental income and long-term appreciation. This turnkey operation is ready for immediate income generation. The property's proximity to Watford City and its convenient location on a paved road further enhance its appeal.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arnegard
- County
- McKenzie
- State
- North Dakota
- Longitude
- -103.5085894
- Latitude
- 47.718022
