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Property profile & analytics
OFF-MARKET
Commercial real estate

302 Delaney St Alexander, ND 58831

3.7 ac lot
Entity Owned Free & Clear
Property ID
US56-0453701
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving 19-unit mobile home park situated on a spacious 3.7-acre lot in Alexander, North Dakota. The park boasts a total of 1,130 square feet of living space, distributed across well-maintained manufactured homes built in 2010. Nine units offer two bedrooms, while the remaining nine units provide three bedrooms, catering to a diverse range of residents. The property's convenient location in Alexander, ND, offers residents easy access to local amenities and services. Ample off-street parking is available for all residents, enhancing the overall convenience and appeal of the park. This turnkey operation presents a strong cash flow potential for investors seeking a stable and profitable venture in the North Dakota market. The existing infrastructure and established tenancy provide a solid foundation for continued success and future growth. This is a rare opportunity to acquire a well-established mobile home park with significant upside potential. The property's size and location make it an attractive investment for both seasoned and new investors looking to expand their portfolio. Serious inquiries are encouraged to explore this promising investment opportunity further. Financial details and supporting documentation are available upon request.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.7 ac (161,172 SF)
APN 79-65-03100
UPID US56-0453701
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
H & H HOUSING GROUP LLC
H & H HOUSING GROUP LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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