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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Mobile home & RV parks
Hoyt Lakes, MN 55750
Entity Owned
1-yr Hold
Property ID
US46-0154366
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Construction
FRAME
Lot
23.36 ac (1,017,562 SF)
APN
142-0070-02555
UPID
US46-0154366
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
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Two Lakes Mhp LLC · 1 yrs held
Two Lakes Mhp LLC
since 2024
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hoyt Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoyt Lakes submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$825,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $825k (Dec 16 2024)
Last sale anchor
$825k
Dec 16 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,696
Tax year 2024
Assessed value
$99,000
Assessed 2022
Previous assessed
$98,300
+0.7% YoY
Effective rate
1.71%
On assessed value
Assessed land
$98,100
Assessed improvement
$900
Land market value
$98,100
Improvement market value
$900
Total market value
$99,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Construction
FRAME
Heating
NONE
Stories
1
Lot
23.36 ac (1,017,562 SF)
APN
142-0070-02555
UPID
US46-0154366
Jurisdiction
ST LOUIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
1
Lot
23.36 ac
Current owner
From public records · entity-resolved
Two Lakes Mhp LLC
Entity
Mailing address
4742 LIBERTY RD S, SALEM, OR 97302-5037
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
$825,000
Two Lakes Mhp LLC
Minnesota A LLC
Special Warranty Deed
$575,000 · Westlake Properties Minnesota LLC
Dec 9, 2024
$825,000
Two Lakes Mhp LLC
Westlake Properties Minnesota A LLC
Special Warranty Deed
$575,000 · Westlake Properties Minnesota A LLC
Aug 26, 2020
—
Westlake Properties-minnesota
—
Deed
related
$195,000 · First Nat'l Bk/moose Lks
Oct 28, 2019
$350,000
Westlake Properties-minnesota
Ricky L Helander
Warranty Deed
—
Jan 20, 2009
$45,000
Ricky L Helander
Mayer,wayne R & Lorraine F
Warranty Deed
—
—
—
Helander,ricky L
—
Deed Of Trust
related
$270,000 · National Bk/commerce
—
—
Westlake Properties-minnesota
—
Deed Of Trust
related
$195,000 · First Nat'l Bk/moose Lks
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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